INSTITUTIONAL-GRADE, CASH-FLOWING ASSET IN THE CORE OF WINDSOR, STEPS FROM WINDSOR REGIONAL HOSPITAL. PRIME DOWNTOWN PARKING LOT GENERATING APPROX. $10,900/MONTH, ANCHORED BY WINDSOR REGIONAL HOSPITAL AND WINDSOR-ESSEX COUNTY HEALTH UNIT. TWO NEW 3-YEAR LEASES COMMENCING 2026 WITH AAA INSTITUTIONAL TENANCY AND POTENTIAL FOR LONGER-TERM EXTENSIONS. BUILT-IN ANNUAL RENT ESCALATIONS OVER THE NEXT TWO YEARS PROVIDE IMMEDIATE INCOME GROWTH AND INCREASING RETURNS. ZONED CD3.2 ALLOWING FOR COMMERCIAL/MIXED-USE DEVELOPMENT INCL.RESIDENTIAL, WITH POTENTIAL HEIGHTS UP TO APPROX. 55M (BUYER TO VERIFY). PHASE 1 & 2 ENVIRONMENTAL COMPLETE. RARE, HIGH-DEMAND, LOW-MAINTENANCE INVESTMENT WITH STRONG TENANCY, SOLID CASH FLOW AND MAJOR REDEVELOPMENT UPSIDE.
PROPERTY SPECS
Price $1,699,000
City Windsor, Ontario
Address 951 GOYEAU Street
Listing ID 26009720
Type Industrial/Commercial
Status For Sale
EXTENDED FEATURES
Attachment StyleFree StandingSubtypeOther, See RemarksAcreage0.707InclusionsOther, See RemarksParkingOther, See RemarksOwnershipFreeholdHeating FuelOther, See RemarksUtility PowerUNKNOWNUtility WaterOther, See RemarksSewerUnknownDate ListedMay 7, 2026Days on Market1