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1018 Drouillard Windsor, Ontario

PROPERTY INFO

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.

PROPERTY SPECS

Price $549,999
City Windsor, Ontario
Address 1018 DROUILLARD
Listing ID 24019399
Construction Aluminum/Vinyl, Brick
Roof Asphalt Shingle
Flooring Hardwood or Engineered Hrwd
Land Size 30 FT. X 100 FT.
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Subtype Duplex Ownership Freehold Building Amenities Fence, Other, See Remarks, Public Transportation Nearby, Shopping Area, Storage, Store Front Foundation Block, Unknown Heating / Cooling Forced Air Heating Fuel Other, See Remarks Hot Water Tank Gas, N/A Utility Water Municipal Water Sewer Sanitary Date Listed Aug 22, 2024 Days on Market 125 Parking Other, See Remarks
Grocery Stores
Schools
Banks
Restaurants
Health
Parks
Entertainment
Transit
Fire Station
Police



REQUEST MORE INFORMATION

Listing Agent:  REED RENAUD

Listing Agency:  MANOR WINDSOR REALTY LTD. - 455

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