For Lease · Industrial

515 RIVERSIDE DRIVE West Unit# 104 A, Windsor

515 RIVERSIDE DRIVE West Unit# 104 A, Windsor, ON N9A7C3

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

89%

Clear height

35 ft

Loading docks

7

About this property

Experience elevated business presence at Waterpark Place—an exceptional waterfront leasing opportunity in one of the city’s most prestigious and high-visibility locations at Riverside Dr. W & Bruce Ave. This main floor commercial space offers breathtaking river views and unmatched exposure, directly across from public parking and just steps from Adventure Bay, the Art Gallery, and the vibrant downtown core. This opportunity offering a rare level of flexibility to accommodate a variety of upscale business concepts. Ideal for professional offices, boutique retail, wellness studios, or service-based businesses seeking a distinguished address. Surrounded by premium amenities and steady foot traffic, this is a unique opportunity to position your business in a sophisticated waterfront setting. Rent is plus HST, and includes, operating expenses including maintenance, insurance, and utilities. A rare offering in a sought-after waterfront corridor—designed for businesses looking to elevate their presence. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$75K

Annual cash flow

$-8K

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

72,440

Households

27,196

Median income

$82,500

Median age

42.3

Daytime population

101,785

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 515 RIVERSIDE DRIVE West Unit# 104 A, 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.