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3421 Wyandotte 6,500 SF Industrial Building Windsor, ON N8Y 1E9 $799,000 CAD ($122.92 CAD/SF) 6% Cap Rate

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EXECUTIVE SUMMARY

Long time operator relocating to larger facility and business not for sale. Located on the edge of Ford City & Walkerville near Strabane. Approx. 6500 sqft block building with separate parking lot. High ceilings in warehouse (16 ft) with 1 grade level door access. Portion of the building retail and counter sales. Administration office located near sale counter. Offers 3 Phase Service, unit style heaters in shop. Separate parking lot registered under the same property as principal address. Plenty of off site parking. Currently tenanted and requiring 24 hours notice for showings.

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $65,000 $10.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $65,000 $10.00
Taxes $13,000 $2.00
Operating Expenses - -
Total Expenses $13,000 $2.00
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2022)

Gross Rental Income (CAD)
Annual $65,000
Annual Per SF $10.00
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $65,000
Annual Per SF $10.00
Taxes (CAD)
Annual $13,000
Annual Per SF $2.00
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $13,000
Annual Per SF $2.00
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $799,000 CAD
Price Per SF $122.92 CAD
Sale Type Investment
Cap Rate 6%
Property Type Industrial
Property Subtype
Distribution
  • Flex Light Manufacturing
  • Showroom
  • Industrial Warehouse
Building Class C
Rentable Building Area 6,500 SF
No. Stories 1
Year Built 1981
Tenancy Single
Parking Ratio 1.54/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 1
Zoning MD1.2 - Manufacturing

AMENITIES

  • 24 Hour Access

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
  • Listing ID: 28258714

  • Date on Market: 2023-04-18

  • Last Updated:

  • Address: 3421 Wyandotte, Windsor, ON N8Y 1E9

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