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1018 DROUILLARD, Windsor, Ontario

$549,999

PRIME MIXED-USE PROPERTY ON A BUSTLING MAIN THOROUGHFARE IN THE RAPIDLY GROWING AREA OF FORD CITY. THIS INVESTMENT FEATURES A RETAIL SPACE AT THE FRONT, CURRENTLY LEASED TO A RELIABLE TENANT, PROVIDING IMMEDIATE CASH FLOW. THE REAR RESIDENTIAL UNIT IS A BLANK CANVAS READY FOR RENOVATION (INCLUDES SPACE IN BACK FOR PARKING). TWO OPTIONS: 1) BUY, RENOVATE, AND BENEFIT FROM THE AREA'S INCREASING VALUE AND RENTAL DEMAND. 2) LIVE IN THE RESIDENTIAL UNIT AND OFFSET EXPENSES WITH RENTAL INCOME FROM THE COMMERCIAL SPACE. DROUILLARD RD. IS THRIVING WITH NEW BUSINESSES AND RESIDENTIAL GROWTH, PROMISING A VIBRANT COMMUNITY AND RISING PROPERTY VALUES. COMMERCIAL UNIT AVAILABLE FOR SHOWINGS DURING OPERATIONAL HOURS. 5-YEAR LEASE STARTING JUNE 2024 AT $1,800/MONTH + HST, WITH $100 ANNUAL INCREASES. SOLD AS-IS. NO WARRANTIES OR REPRESENTATIONS FROM VENDOR OR LISTING SERVICE. (id:56241)

Listing ID: 24019399
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
3pc Ensuite bath	Second level	Measurements not available
Bedroom	Second level	Measurements not available
Bedroom	Second level	Measurements not available
4pc Bathroom	Main level	Measurements not available
Bedroom	Main level	Measurements not available
4pc Ensuite bath	Main level	Measurements not available
Primary Bedroom	Main level	Measurements not available
Kitchen	Main level	Measurements not available
Dining room	Main level	Measurements not available
Living room	Main level	Measurements not available
Foyer	Main level	Measurements not available

Details

Ownership: Freehold
Transaction: For sale
Zoning Description: CD2.2

Building

Amenities: Shopping Area
Exterior Finish: Aluminum/Vinyl, Brick
Fireplace Present: False
Flooring: Hardwood
Foundation: Block, Unknown
Heating: Forced air
Heating Fuel: See Remarks
Type: Duplex

Land

Size Irregular: 30 FT. X 100 FT.

Listing provided by MANOR WINDSOR REALTY LTD. - 455
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1018 DROUILLARD in Windsor Ontario. It was last modified on August 22nd, 2024. Contact the Team Bloomfield to schedule a viewing or to discover other Windsor real estate for sale.

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