For Sale · Industrial

1346 OTTAWA STREET, Windsor

1346 OTTAWA STREET, Windsor, ON N8X2E8

$399,000 total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

97%

Year Built

1922

Clear height

26 ft

Loading docks

7

About this property

Excellent opportunity on busy Ottawa Street. This approximately 1,570 square foot office or retail space offers strong visibility in a high traffic area and is well suited for a variety of professional, service, or retail uses. The space provides a practical layout with flexibility for a range of business needs. Four rear parking spaces are included for added convenience. A great opportunity to establish your business in a well known commercial area with steady exposure and easy access. Contact listing agents to arrange showings. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$24K

Annual cash flow

$2K

Cash-on-cash

1.70%

DSCR

1.09

Going-in cap

6.05%

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

57,115

Households

26,150

Median income

$69,000

Median age

39.4

Daytime population

89,269

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 1346 OTTAWA STREET, 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.