1139-1175 University Avenue W, Windsor, Ontario

$1,799,000

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7,933

Square feet

About 1139-1175 University Avenue W

***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:6289)

Features of 1139-1175 University Avenue W

Listing # X13246134
Price $1,799,000
Square Footage 7,933
Type Retail

Community Information

Address 1139-1175 University Avenue W
City Windsor
Province Ontario
Postal Code N9A5T1

Amenities

Features Irregular lot size
Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 66.25 x 127.49 FT

Listing Details

OfficeRE/MAX REAL ESTATE CENTRE INC.

Listing Map

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