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546 Ouellette Ave Windsor, Ontario N9A 1B7

3750 sqft

$599,000

***Sale Of Building Only***Triple A Tenant, Rare Opportunity To Own Freestanding Building In Downtown Windsor And Close To Tunnel. Solid Care Free Investment, Leased Until, 2028 Plus 2X5 Year Options. Current Gross Lease Rate $6102/Month. New Roof 2018, Restaurant Running Over 20 Years. ***Over 8% Capped Rate******* EXTRAS **** Gross Rent: $6102-$702 (Hst) - $1246.70 (Prop.Tax)-$150 (Insurance) = $4003.30 X 12 = 48,039.60/599,000 = 8% 10 Yrs Leased Signed Last Year. (id:23876)

Property Details

MLS® Number X4480069
Features Elevator
Parking Space Total 29
Property Type Business

Building

Fireplace Present No
Size Exterior 3750 Sqft
Size Interior 3750 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=30 X 125 Ft
Size Total Text Bldg=30 X 125 Ft

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=20787824

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