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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID X13246134
Annual Tax Amount $23,185
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
***Rare & Exceptional Investor Opportunity*** Fully Tenanted Mixed-Use Freestanding Building: 7 Residential (2 Bdrm Each) & 3 Commercial Units. 10 Doors Of Diversified Income, All Fully Rented, Delivering An Outstanding 10%+ Cap Rate. In a market where Windsor Cap Rates Average 6-8%, This Asset Stands Alone. Ideally Located On University Ave W - Centrally Positioned Between The University Of Windsor & Downtown Windsor, Windsor's Highest-Demand Rental & Commercial Corridor. Walk To The Detroit River Waterfront & Scenic Riverside Trail In Under 5 Minutes. LOCATION UPSIDE: The City Of Windsor's Nearly $20-Million University Ave W Reconstruction Is Underway - Delivering Brand New Street Lighting, Protected Bike Lanes, & Complete Road Rehabilitation Right At Your Front Door. This City-Funded Streetscape Upgrade Is Transforming The Corridor Into A Premier Pedestrian & Commercial Strip, Directly Benefiting The 3 Ground-Floor Commercial Units. Properties Along This Corridor Also Qualify For City Of Windsor CIP Facade & Building Improvement Grants - A Rare Incentive That Attracts & Retains Quality Commercial Tenants. All 10 Units Have Separate Hydro Meters - Tenants Pay Their Own Hydro. 10+ Surface Parking Spaces Included. Recent Capital Improvements: New Windows, Exterior Doors, Electrical Panels Throughout, & Carrier Split-Unit HVAC Per Residential Unit. Hundreds Of Thousands Spent In Upgrades - Completely Turnkey. Windsor's Economy Is Booming: Gordie Howe International Bridge Now Operational. Canada's First Commercial-Scale Battery Plant Launched In Windsor (2026) - 2,500+ New Jobs Driving Strong Rental & Commercial Demand. A True Generational Income Asset. ***Don't Miss This Opportunity ***.
Location
Province ON
County Essex
Area Essex
Zoning 341 Multi-Resid. W/ Small Commercial Un
Interior
Cooling Partial
Inclusions All Existing Carrier Split-Unit HVAC Systems (One Per Residential Unit), All Existing Electrical Panels, All Existing Windows And Exterior Doors As Installed. All Fixtures Currently Attached To The Property. 10+ Surface Parking Spaces Included With Property.
Exterior
Parking Features Outside/Surface
Utilities Available Yes
Building
Lot Description Lot
Lited by RE/MAX REAL ESTATE CENTRE INC.
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