816 Erie St E - Storefront Retail/Residential FOR SALE


Windsor, ON N9A 3Y4
$2,099,000 CAD
416-464-8326
816 Erie St E, Windsor, ON for Sale
$2,099,000 CAD
Storefront Retail/Residential - FOR SALE
1/28
null | 5.01% Cap Rate

816 Erie St E
Windsor, ON N9A 3Y4


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,099,000 CAD

PRICE/SF

$276 CAD /SF

CAP RATE

5.01%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CD2.2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Nelson LopesRE/MAX West Realty Inc., BrokerageMore Info
416-464-8326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Nelson LopesRE/MAX West Realty Inc., BrokerageMore Info
416-464-8326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.