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$1,799,000

0 Beds 0 Baths 7,933 SQFT 0.00 Acres
Type: Commercial

1139-1175 UNIVERSITY AVENUE W
Windsor, ON N9A5T1

MLS#: X13246134
Jackson Scarfe
Jackson Scarfe
Condo Digs
Sales Representative
Phone: 647.447.8001
Office: 647.259.8806
Presented by: RE/MAX REAL ESTATE CENTRE INC.

Property Description

 

***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:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Living Area Range7,933 sqft

General

Building Cooling TypePartially air conditioned
Building TypeRetail
FeaturesIrregular lot size
Location DescriptionCross Streets: University/Wellington. ** Directions: North/west.
Parking Space Total10
Property TypeRetail
Zoning Description341 Multi-Resid. W/ Small Commercial Un

Additional Details

  

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$1,799,000

0 Beds 0 Baths 7,933 SQFT 0.00 Acres
Type: Commercial

1139-1175 UNIVERSITY AVENUE W
Windsor, ON N9A5T1

MLS#: X13246134
Jackson Scarfe
Jackson Scarfe
Condo Digs
Sales Representative
Phone: 647.447.8001
Office: 647.259.8806
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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