Central Air Conditioning
Baseboard Heaters, Furnace
$997,000
VACANT POSSESSION SET YOUR RENT RATES FOR HUGE CASH FLOW POTENTIAL. Incredible opportunity to own a solid brick commercial plaza listed at $997,000. Zoned CD2.2 and formerly home to a long-standing medical clinic, this multi-unit building is ideal for medical, retail, personal wellness, office, or mixed-use development. With four street-level units (approx. 1,500 sq ft each), secure on-site parking, and high exposure, this property offers versatility and long-term upside. Located beside a proposed 48-unit housing development. Steps to transit, shopping, and the riverfront, it’s perfectly positioned for a buyer with vision. Potential exists to convert upper space to residential use, in line with zoning. Cap rate potential estimated between 6–8%. Please contact the listing agent for supporting documents. This is your chance to own a prime downtown asset with built-in value and flexibility. (id:47351)
Business
Business Type
|
Restaurant, Residential |
Business Sub Type
|
Restaurant, Residential |
Property Details
MLS® Number
|
25019706 |
Property Type
|
Industrial |
Features
|
Visual Exposure |
Building
Cooling Type
|
Central Air Conditioning |
Fire Protection
|
Smoke Detectors |
Flooring Type
|
Ceramic/porcelain |
Heating Fuel
|
Natural Gas |
Heating Type
|
Baseboard Heaters, Furnace |
Type
|
House |
Land
Acreage
|
No |
Size Irregular
|
80.31 X 90.34 |
Size Total Text
|
80.31 X 90.34 |
Zoning Description
|
Cd2.2 |
https://www.realtor.ca/real-estate/28690008/711-719-pelissier-street-windsor