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. (id:56069)
MLS® Number | 25004773 |
Property Type | Industrial |
Neigbourhood | East Windsor |
Features | Visual Exposure |
Flooring Type | Hardwood |
Acreage | No |
Size Irregular | 30x100 Ft. |
Size Total Text | 30x100 Ft. |
Zoning Description | Cd2.2 |
6 public & 7 Catholic schools serve this home. Of these, 12 have catchments. There are 2 private schools nearby.
3 playgrounds, 2 basketball courts and 5 other facilities are within a 20 min walk of this home.
Street transit stop less than a 3 min walk away. Rail transit stop less than 1 km away.
Unfortunately this location does not yet exist in Google Street View.
https://www.realtor.ca/real-estate/27964921/1018-drouillard-windsor
Contact us for more information
Reed Renaud
REALTOR®
(519) 250-8800
(519) 966-0536
www.manorrealty.ca/
Rhys Trenhaile, Bsc., Jd
Broker
(519) 250-8800
(519) 966-0536
www.manorrealty.ca/