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1018 Drouillard Rd

2,500 SF 100% Leased Industrial Building Windsor, ON N8Y 2P8 £303,602 (£121/SF)

Investment Highlights

  • Prime use mixed property
  • Residential in the back
  • Retail tenant at the front providing cash flow

Executive Summary

RIME 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.

Property Facts

Price £303,602
Price Per SF £121
Sale Type Investment or Owner User
Property Type Industrial
Building Class C
Lot Size 0.10 AC
Rentable Building Area 2,500 SF
Number of Floors 2
Year Built 1999

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code CD2.2 (Commercial)
CD2.2 (Commercial)
  • Listing ID: 34047236

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 1018 Drouillard Rd, Windsor, ON N8Y 2P8

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