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851 E Erie St 1,450 SF Retail Building Windsor, ON N9A 3Y7 $470,000 CAD ($324.14 CAD/SF) 7% Cap Rate



INVESTMENT HIGHLIGHTS
- Prime corner location in Windsor's restaurant district.
- 7% cap rate on 1450 sq ft commercial space.
- High visibility with dedicated parking.
EXECUTIVE SUMMARY
Great investment opportunity to own a corner commercial building with a cap rate of almost 7%!! Located in Windsor's popular restaurant district, this 1450 sq ft building has high visibility and includes dedicated parking. Call for your private showing and take advantage of this great return rate
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,450 SF
Building Class
C
Year Built
1925
Price
$470,000 CAD
Price Per SF
$324.14 CAD
Cap Rate
7%
NOI
$32,900 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.07 AC
Zoning
CD2.2 - Commercial
Parking
5 Spaces (3.44 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
1 of 8
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851 E Erie St
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