1139-1175 University Avenue W Windsor, Ontario N9A 5T1

7,933 sqft
Partially Air Conditioned Forced Air

$1,799,000

***Rare & Exceptional Investor Opportunity*** Fully Tenanted Mixed-Use Freestanding Building: 7 Residential (2 Bdrm Each) & 3 Commercial Units. 10 Doors Of Diversified Income, All Fully Rented, Delivering An Outstanding 10%+ Cap Rate. In a market where Windsor Cap Rates Average 6-8%, This Asset Stands Alone. Ideally Located On University Ave W - Centrally Positioned Between The University Of Windsor & Downtown Windsor, Windsor's Highest-Demand Rental & Commercial Corridor. Walk To The Detroit River Waterfront & Scenic Riverside Trail In Under 5 Minutes. LOCATION UPSIDE: The City Of Windsor's Nearly $20-Million University Ave W Reconstruction Is Underway - Delivering Brand New Street Lighting, Protected Bike Lanes, & Complete Road Rehabilitation Right At Your Front Door. This City-Funded Streetscape Upgrade Is Transforming The Corridor Into A Premier Pedestrian & Commercial Strip, Directly Benefiting The 3 Ground-Floor Commercial Units. Properties Along This Corridor Also Qualify For City Of Windsor CIP Facade & Building Improvement Grants - A Rare Incentive That Attracts & Retains Quality Commercial Tenants. All 10 Units Have Separate Hydro Meters - Tenants Pay Their Own Hydro. 10+ Surface Parking Spaces Included. Recent Capital Improvements: New Windows, Exterior Doors, Electrical Panels Throughout, & Carrier Split-Unit HVAC Per Residential Unit. Hundreds Of Thousands Spent In Upgrades - Completely Turnkey. Windsor's Economy Is Booming: Gordie Howe International Bridge Now Operational. Canada's First Commercial-Scale Battery Plant Launched In Windsor (2026) - 2,500+ New Jobs Driving Strong Rental & Commercial Demand. A True Generational Income Asset. ***Don't Miss This Opportunity ***. (id:49269)

Property Details

MLS® Number X13246134
Property Type Retail
Features Irregular Lot Size
Parking Space Total 10

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 7,933 Sqft
Type Retail
Utility Water Municipal Water

Land

Acreage No
Size Depth 127 Ft ,5 In
Size Frontage 66 Ft ,3 In
Size Irregular 66.25 X 127.49 Ft
Size Total Text 66.25 X 127.49 Ft
Zoning Description 341 Multi-resid. W/ Small Commercial Un

https://www.realtor.ca/real-estate/29858537/1139-1175-university-avenue-w-windsor

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