Rare Flex Character Building with Owner-Occupier and Value-Add Investor Potential
CBRE Limited (“Advisor” or “CBRE”) on behalf of MNP LTD. As Receiver Of Downtown Windsor Business Accelerator (the “Vendor” or “Seller”) is pleased to present the opportunity to acquire a 100% freehold interest in the property located at 1501 Howard Avenue, in Windsor Ontario (the “Property”).
This +/- 49,820 sq. ft. commercial building on 1.19 acres offers an attractive proposition for both value-add investors and owner occupiers. The Property features 12 units ranging from +/- 1,000 to 8,000 sq. ft including a diversified mix of retail, office and flex industrial spaces. First built in 1929, this distinctive building features numerous character elements and is well located on the highly exposure Howard Avenue Corridor. Underpinned by its highly versatile CD2.1 zoning, the subject property permits a wide array of commercial uses and is well suited for long term repositioning.