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:57919)
| Business Type | Restaurant, Residential |
| Business Sub Type | Restaurant, Residential |
| MLS® Number | 25019706 |
| Property Type | Industrial |
| Features | Visual Exposure |
| Cooling Type | Central Air Conditioning |
| Fire Protection | Smoke Detectors |
| Flooring Type | Ceramic/porcelain |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Furnace |
| Type | House |
| 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
Contact us for more information
Cristina Gazo
Sales Person
(519) 944-0111
(519) 727-6776