Commercial real estate delivers stable, scalable returns through strong income potential, longer lease terms, and lower management intensity. This institutional-grade asset in the core of windsor is ideally located steps from windsor regional hospital. Prime downtown parking lot generating approx. $10,900/month, anchored by aaa institutional tenancy including windsor regional hospital and windsor-essex county health unit. Two new 3-year leases commencing in 2026 include built-in annual rent escalations, providing immediate income growth and increasing returns, with potential for longer-term extensions. Zoned cd3. 2 permitting commercial/mixed-use development including residential, with potential heights up to approx. 55m (buyer to verify). Phase 1 & 2 environmental reports complete. Rare opportunity offering strong cash flow, minimal management requirements, and exceptional redevelopment potential in a high-demand downtown location. (id:4555)
Listing ID26009720
Address951 GOYEAU STREET
CityWindsor, ON
Price$1,699,000
Land Size150.58 X 204.93 FT / 0.707 AC
StatusFor sale