1139-1175 University Avenue W, Windsor, Ontario N9A 5T1

Listed for:
$1,799,000
0 beds
0 baths
Listed 26 days ago
Retail for rent: 1139-1175 University Avenue W, Windsor, Ontario N9A 5T1

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About

Cross Streets: University/Wellington. ** Directions: North/west. ***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:27476)

Property Highlights

MLS® Number
X13246134
Type
Retail
Land Size
66.25 x 127.49 FT
Parking Space Total
10

Building

Building Type
Retail
Square Footage
7933 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
RE/MAX REAL ESTATE CENTRE INC.
MLS® number:
X13246134
Agent:
Irshad A. Khan
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