1018 Drouillard, Windsor, Ontario

$499,999

Previous Next

30.00

Acres

About 1018 Drouillard

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. (id:6289)

Features of 1018 Drouillard

Listing # 25004772
Price $499,999
Bathrooms 0.00
Acres 30.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 1018 Drouillard
City Windsor
Province Ontario
Postal Code N8Y2P8

Amenities

Amenities Shopping Area
Parking Other
Is Waterfront No
Has Pool No

Interior

Heating See Remarks
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Aluminum/Vinyl, Brick
Foundation Block, Unknown

Listing Details

OfficeMANOR WINDSOR REALTY LTD.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?