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For Sale - 1018 DROUILLARD, Windsor, Ontario

Est payment $3,054/mo
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Time on Jump  91 day




Property Info

Prime mixed-use property on a bustling main thoroughfare in the rapidly growing area of ford city. This investment features a retail space at the front, currently leased to a reliable tenant, providing immediate cash flow. The rear residential unit is a blank canvas ready for renovation (includes space in back for parking). Two options: 1) buy, renovate, and benefit from the area's increasing value and rental demand. 2) live in the residential unit and offset expenses with rental income from the commercial space. Drouillard rd. Is thriving with new businesses and residential growth, promising a vibrant community and rising property values. Commercial unit available for showings during operational hours. 5-year lease starting june 2024 at $1,800/month + hst, with $100 annual increases. Sold as-is. No warranties or representations from vendor or listing service.
Listing ID24019403
Address1018 DROUILLARD
CityWindsor, Ontario
Price$549,999
FlooringHardwood or Engineered Hrwd
TypeIndustrial/Commercial
StatusFor Sale

Attachment Style Free Standing, Multi-UnitSubtype Investment Property, Other, See Remarks, Residential, RetailParking Other, See RemarksAmenities High Traffic Location, Other, See Remarks, Public Transportation, Shopping Nearby, Visual ExposureOwnership FreeholdBuilding Amenities Lunch Room, Other, See Remarks, Showroom, Window DisplayHeating Fuel Other, See RemarksUtility Power UNKNOWNUtility Water Municipal WaterSewer Sanitary

Date Listed Aug 22, 2024Days on Market 92Parking Other, See Remarks
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JUMP FEATURED AGENT

Lisa Saengchannavong

Lisa Saengchannavong

Sales Representative

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Listing Agent:  REED RENAUD
Listing Agency:  MANOR WINDSOR REALTY LTD. - 455
Co-Listing Agent:  RHYS TRENHAILE, BSC., JD
Co-Listing Agency:  MANOR WINDSOR REALTY LTD. - 455
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1018 Drouillard
Windsor , Ontario
$549,999
Get more info