Description

Exceptional cap rate potential on this well-positioned boutique plaza in Windsor's thriving commercial corridor. Located on the high-traffic Tecumseh Road, this property benefits from excellent visibility and accessibility in an established retail/commercial area. The property features approximately 7,600 square feet of total covered space across main-level multiple retail and commercial units, complemented by dedicated office space of 1,500 square feet. This diverse space configuration supports flexible tenant arrangements and mixed-use operations. Generous parking availability enhances the property's commercial appeal and tenant accessibility. A significant value-add component: the 1,000-square-foot basement, accessible via separate entrance, presents immediate revenue opportunity. The independent access makes this space ideal for standalone tenant operations or ancillary business use, allowing property owners to generate additional income with minimal operational overlap. This combination of strategic location, substantial rentable square footage across multiple use categories, parking amenities, and existing income diversification makes this an attractive acquisition for investors seeking cash flow and appreciation potential in Windsor's commercial market. (id:66096)

Property Details

MLS®: X14107582
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: C1.1, C2.1, R1.1
Frontage: 190 ft
Building Area: 28,772 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $42,684.94/yr
Listed: 13 days ago

Features

Lot Features: Irregular lot size

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

13d

Windsor listings, avg age

68d

List price

$2.20M

Haho

This retail in Windsor has been listed for 13 days, which is 55 days fresher than the city average of 68. Act while there is still low competition.

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Listed by PONTIS REALTY INC. · MIRZA ZIA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N8W)

This home lists at $2,199,000, about 27.5× the local median household income of $80,000.

Carrying it typically needs a household income of about $429,542 (20% down, 25-yr amortization, stress-tested) — roughly 437% above the area median.

Median household income: $80,000
Population: 24,057
Median age: 41.6
Owner / renter: 82% / 18%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA N8W)

$2,199,000

For sale

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Financing

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Tecumseh Road East, Windsor - Retail for Sale