$549,999
4 Beds
  3 Baths
Property Info
PRIME MIXED-USE PROPERTY ON A BUSTLING MAIN THOROUGHFARE IN THE RAPIDLY GROWING AREA OF FORD CITY. THIS INVESTMENT FEATURES A RETAIL SPACE AT THE FRONT, CURRENTLY LEASED TO A RELIABLE TENANT, PROVIDING IMMEDIATE CASH FLOW. THE REAR RESIDENTIAL UNIT IS A BLANK CANVAS READY FOR RENOVATION (INCLUDES SPACE IN BACK FOR PARKING). TWO OPTIONS: 1) BUY, RENOVATE, AND BENEFIT FROM THE AREA'S INCREASING VALUE AND RENTAL DEMAND. 2) LIVE IN THE RESIDENTIAL UNIT AND OFFSET EXPENSES WITH RENTAL INCOME FROM THE COMMERCIAL SPACE. DROUILLARD RD. IS THRIVING WITH NEW BUSINESSES AND RESIDENTIAL GROWTH, PROMISING A VIBRANT COMMUNITY AND RISING PROPERTY VALUES. COMMERCIAL UNIT AVAILABLE FOR SHOWINGS DURING OPERATIONAL HOURS. 5-YEAR LEASE STARTING JUNE 2024 AT $1,800/MONTH + HST, WITH $100 ANNUAL INCREASES. SOLD AS-IS. NO WARRANTIES OR REPRESENTATIONS FROM VENDOR OR LISTING SERVICE. (id:4555)
Property Specs
Listing ID24019366
Address1018 DROUILLARD
CityWindsor, ON
Price$549,999
Bed / Bath4 / 3 Full
ConstructionAluminum/Vinyl
FlooringHardwood
Land Size30X100 FT.
TypeHouse
StatusFor sale
Extended Features
Features Rear DrivewayOwnership FreeholdFoundation BlockHeating Forced airHeating Fuel See Remarks Date Listed 2024-08-22 18:01:22Days on Market 122
226-721-1233

Listing Agent:  Rhys Trenhaile, BSC., JD

Listing Agency:  Manor Realty Ltd. Brokerage

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LISTING OFFICE:
Manor Realty Ltd. Brokerage, Reed Renaud
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