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Carmelo Graceffa

Sales Representative

  • Office 519-972-3888
  • Cell 519-819-5108
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507-19 Ouellette Avenue, Windsor, Ontario – $888,649

  • $889k Price
  • $889k Price

507-19 Ouellette Avenue

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:6289)

Essential Information

  • Listing #19017529
  • Price$888,649
  • Bathrooms0.00
  • TypeIndustrial
  • Sub-TypeFreehold

Community Information

  • Address507-19 Ouellette Avenue
  • CityWindsor
  • ProvinceOntario
  • Postal CodeN9A4J3

Amenities

  • FeaturesCorner Site

Interior

  • CoolingHeat Pump

Heating

Electric, Natural gas Forced air, Heat Pump, Space Heater

Listing Details

Office

MANOR WINDSOR REALTY LTD. - 455

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