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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 | Lot Size | 0.10 AC |
Price Per SF | £121 | Rentable Building Area | 2,500 SF |
Sale Type | Investment or Owner User | Number of Floors | 2 |
Property Type | Industrial | Year Built | 1999 |
Building Class | C |
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
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Walk Score ®
Very Walkable (80)
zoning
Zoning Code | CD2.2 (Commercial) |
CD2.2 (Commercial) |
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1018 Drouillard Rd
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