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507-19 Ouellette Avenue Windsor, Ontario N9A 4J3

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Heat Pump Forced Air, Heat Pump, Space Heater

$849,900

HERE IS A VERY ATTRACTIVE LONG TERM INVESTMENT. THIS SOLID CONSTRUCTED, ORNATE BUILDING IS LOCATED IN A VERY SWEET SPOT ON OUELLETTE AVENUE AND MAIDEN LANE. THIS PARTICULAR LOCATION IS VERY UNIQUE WITH MAIDEN LAND RUNNING ALONG THE SIDE ACCESSING OTHER LONG TERM, WELL ESTABLISHED BUSINESSES. THERE IS OFTEN, DURING THE SUMMER, EVENTS THAT TAKE PLACE ALONG THERE AS WELL AS THE WEEKLY FARMERS MARKET IN BEHIND ON PELISSIER STREET. THERE ARE 4 COMMERCIAL TENANTS. IT HAS BEEN FULLY RENTED FOR THE PAST 5 YEARS. THREE OF THE TENANTS SIGNED 5 YEAR LEASES LAST YEAR. THE 4TH HAS BEEN THERE FOR 7 YEARS AND IS LOOKING TO RENEW WITH A NEW OWNER. ALL THE TENANTS PAY THEIR OWN UTILITIES INCLUDING WATER. THEY ARE ALSO RESPONSIBLE FOR EXTERIOR GROUND MAINTENANCE. THE OWNER ONLY PAYS FOR TAXES AND INSURANCE. THIS WILL MAKE AN IDEAL ""OUT OF TOWN"" INVESTMENT FOR THE SAVVY INVESTOR WITH LITTLE EFFORT NEEDED IN THE WAY OF MANAGEMENT. (id:22529)

Business

Business Type Restaurant
Business Sub Type Restaurant

Property Details

MLS® Number 19027052
Property Type Industrial
Neigbourhood City Centre
Features Corner Site

Building

Cooling Type Heat Pump
Fire Protection Unknown
Fireplace Present No
Flooring Type Laminate, Concrete
Heating Fuel Electric, Natural Gas
Heating Type Forced Air, Heat Pump, Space Heater

Land

Acreage No
Size Irregular 63x75 Ft
Size Total Text 63x75 Ft
Zoning Description Cd3.1

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=21248153