7,933 ft2
Partially Air Conditioned
Forced Air
$1,799,000
***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 ***. (id:50976)
Property Details
|
MLS® Number
|
X13246134 |
|
Property Type
|
Retail |
|
Features
|
Irregular Lot Size |
|
Parking Space Total
|
10 |
Building
|
Cooling Type
|
Partially Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
7,933 Ft2 |
|
Type
|
Retail |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
127 Ft ,5 In |
|
Size Frontage
|
66 Ft ,3 In |
|
Size Irregular
|
66.25 X 127.49 Ft |
|
Size Total Text
|
66.25 X 127.49 Ft |
|
Zoning Description
|
341 Multi-resid. W/ Small Commercial Un |
https://www.realtor.ca/real-estate/29858537/1139-1175-university-avenue-w-windsor
