Business For Sale · Industrial

850 OUELLETTE AVENUE Unit# MAIN, Windsor

850 OUELLETTE AVENUE Unit# MAIN, Windsor, ON N9A4M9

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

91%

Clear height

21 ft

Loading docks

12

About this property

One of Windsor's most prestigious commercial buildings is now available for lease providing an abundance of business opportunities. This former Windsor Public Library building has 3 levels of ultimate modern space presenting an open layout on the Main and Upper floors. The upper floor offers an open concept layout which compliments specific located offices and bathrooms, surrounded by floor to ceiling windows bringing in plenty of natural light. Main floor again is open concept with main bathrooms, floor to ceiling windows provide natural light and a front entrance showcasing the elegant escalator to the second floor. Lower level provides an abundance of specific rooms with bathrooms that would accommodate a full range of business types. Elevators provide another option for access to all levels. A small freight elevator is available along with a loading dock for each floor. Excellent for retail, office, medical, and restaurant uses. Many various sizes available ""throughout on all 3 levels."" (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

101,250

Households

41,936

Median income

$82,000

Median age

42.9

Daytime population

140,765

5-yr growth

7.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 850 OUELLETTE AVENUE Unit# MAIN, Windsor.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.