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ATTENTION INVESTORS AND BUSINESS OWNERS LOOKING FOR SPACE TO OPERATE. FULLY VACANT MIXED-USE BUILDING WITH STRONG CASH FLOW POTENTIAL AND AN ESTIMATED 7.1% CAP RATE AT MARKET RENTS. IDEAL FOR A BUSINESS OWNER TO OCCUPY THE COMMERCIAL SPACE WHILE GENERATING RESIDENTIAL INCOME, OR FOR AN INVESTOR TO LEASE ALL UNITS AT MARKET RATES. PROPERTY FEATURES ONE COMMERCIAL UNIT AND TWO RESIDENTIAL UNITS, ALL VACANT, PROVIDING IMMEDIATE FLEXIBILITY. COMMERCIAL UNIT HAS JUST BEEN COMPLETELY RENOVATED WITH A MODERN DESIGN AND A BRAND-NEW BATHROOM, MAKING IT MOVE-IN READY. RESIDENTIAL UNITS FEATURE UPDATED KITCHENS AND BATHROOMS. UNIT MIX INCLUDES A VACANT COMMERCIAL SPACE, VACANT 2-BEDROOM APARTMENT, AND VACANT BACHELOR APARTMENT. TWO HYDRO METERS AND ONE GAS METER. REAR PARKING WITH FOUR SPACES. OWNED TANKLESS HOT WATER SYSTEM APPROXIMATELY FIVE YEARS OLD PLUS NEW FURNACE AND A/C. ESTIMATED MARKET RENTS: COMMERCIAL $1,900, 2-BEDROOM $1,350, BACHELOR $950. (id:64906)
1623-25 DROUILLARD is located in Windsor, Ontario, with a current listing price of $499,000. This industrial property is currently available.
Interested in learning more about 1623-25 DROUILLARD? Review the property details above — including taxes, year built, lot size, construction, interior and exterior features, parking, and any neighbourhood amenities in the Windsor area as filed by the listing brokerage.
You can also contact the Sellit2u Real Estate Group to book a private tour of MLS® 26003771 or other homes for sale in Windsor. Our team has deep expertise in the Windsor and Windsor-Essex real estate market — call 519-903-5117 to connect with an agent today.
A quick estimate based on this property's list price. Run the full numbers — including closing costs and Ontario land-transfer tax — on the Tools page.
Principal & interest only. Excludes property tax, insurance, condo fees, and CMHC where applicable.
Listing courtesy of Scott Innocente, REMAX Capital Diamond Realty.
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