$949,999

For sale

4774-4780 WYANDOTTE Street East, Windsor - Industrial for Sale

4774-4780 WYANDOTTE Street East, Windsor, Ontario, N8Y1H7

8,000 ft²47 × 111 ft (5,255 sq ft) lot sizeListed 48 days ago

Overview

This industrial property in Windsor is for sale offering roughly 8,000 sq ft of space. It has been on the market 48 days, fresher than the Windsor average of 69 days.

Industrial Properties for Sale in Windsor →All real estate in Windsor →

Description

ABSOLUTELY IDEAL owner occupied (residential and/or commercial) investment opportunity with long term cash flow and an attractive upside! VERY unique 5 unit Res/Com mix building comprised of approx. 8,000sqft + full basement! The residential units are oversized and a must see offering 2 x 2 bed 1 bath w/vaulted loft ceilings, skylights throughout, large kitchens, in-suite laundry, rear sun room and more! The building offers a great mix of open concept layouts, sqft options and LOADS of storage appealing to various tenant types. Historically fully leased w/separate meters and services. Current revenue is apprx.$67,787 gross (tenants pay hydro + gas) with viable projections of $105k+ upon full occupancy. Pillette Village area offers free parking and AAA business presence such as McDonald's, Shoppers and is a stones throw away to Riverside Dr (Peace Fountain and Condos). Great opportunity with a high probability for growth. Detailed financial/marketing package available upon request. (id:66096)

Property Details

MLS®: 26022873
Property Type: Industrial
Business Type: Residential
Zoning: CD2.2
Interior Size: 8,000 ft²
Lot Size: 47 × 111 ft (5,255 sq ft)
Ownership: Freehold
Listed: 48 days ago

Market Timing

Days on market

48d

Windsor listings, avg age

69d

Price / ft²

$119

List price

$950K

Haho

This industrial in Windsor has been listed for 48 days, which is 21 days fresher than the city average of 69. Act while there is still low competition.

Set a price alert Book a showing

Listed by KW SIGNATURE · MATT BUSCHMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8Y)

This home lists at $949,999, about 15.1× the local median household income of $62,800.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 195% above the area median.

Median household income: $62,800
Population: 19,254
Median age: 42.8
Owner / renter: 57% / 43%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N8Y)

$949,999· $119/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →