1018 Drouillard Windsor, Ontario N8Y 2P8

$549,999

PRIME 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. (id:55464)

Business

Property Details

Building

Land

https://www.realtor.ca/real-estate/27322485/1018-drouillard-windsor

REED RENAUD
REALTOR®

(519) 250-8800

MANOR WINDSOR REALTY LTD. - 455
3276 Walker Rd
Windsor, Ontario N8W 3R8

(519) 250-8800
(519) 966-0536
WWW.MANORREALTY.CA

RHYS TRENHAILE, BSC., JD
Broker

(519) 250-8800
(519) 966-0536
www.ontariorci.com/blog
www.facebook.com/rhys.trenhaile
ca.linkedin.com/pub/rhys-trenhaile/24/171/695
twitter.com/#!/ontariorci

MANOR WINDSOR REALTY LTD. - 455
3276 Walker Rd
Windsor, Ontario N8W 3R8

(519) 250-8800
(519) 966-0536
WWW.MANORREALTY.CA