N8W Storefront Properties for Sale

Commercial Real Estate in N8W available for sale

Storefront Properties for Sale Within 5 kilometers of N8W

816 Erie St E

Windsor, ON N9A 3Y4

Retail for Sale
$2,099,000 CAD
7,600 SF

Windsor Retail for Sale

Welcome to this exceptional commercial property located in the heart of Windsor’s historic Walkerville & Via Italia district on Erie Street East. This fantastic opportunity offers two spacious and nicely upgraded commercial units, currently combined into one, and three residential apartments. There are two main floor apartments: one is a two-bedroom unit, and the other is a one-bedroom unit. An elevator leads to a large and nicely upgraded owner-occupied apartment, which features a massive rooftop patio – a true private oasis for relaxation and entertainment. Additionally, there is a separate area in the owner’s section that could easily be used as an Airbnb rental for additional income, if desired. The owner is willing to do a Vendor Take-Back (VTB) Mortgage at an attractive interest rate, making financing this property nice and simple. This property is ideal for a user or for the investor looking to add another great property to their investment portfolio. Contact me today for more details of to schedule a tour.

Contact:

RE/MAX West Realty Inc., Brokerage

Property Subtype:

Storefront Retail/Residential

Date on Market:

2023-08-07

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GoodLife Windsor Portfolio

Retail for Sale
86,946 SF
2 Retail Properties

Portfolio of properties for Sale

On behalf of GL Windsor Limited Partnership and GL Windsor Inc. (the “Vendor”, “Owner”), CBRE Limited (the “Advisor”) is pleased to offer for sale a 100% freehold interest in 3920 Dougall Avenue located in Windsor, Ontario and 13275 Tecumseh Road East located in Tecumseh, Ontario (the “Properties”). Comprising 85,434 SF of total rentable area, these freestanding retail properties are uniquely situated in two of Windsor-Essex County’s most affluent and desirable communities of South Windsor and Tecumseh. At 100% occupancy, the Properties are dominated by a long term tenancy with Goodlife Fitness Centres Inc. at 75.6% of the total Year 1 Base Rent and 90% of the total Net Rentable Area. Goodlife Fitness has a further options to renew solidifying the long term nature of the tenancy to the respective communities. As Canada’s largest fitness company and the 6th largest in the world, Goodlife Fitness provides an exceptional credit covenant. Landlord friendly, long term leases solidify the critical importance of these core locations to the community and Goodlife as some of their most successful locations in Canada.