Property Specs:
Price$1,699,000.00
CityWindsor, ON
Address951 GOYEAU STREET
Listing ID26009720
Land Size150.58 X 204.93 FT / 0.707 AC
StatusFor sale
Extended Features:
Ownership Freehold
Details:
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)