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951 GOYEAU STREET
Description
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 and CIP 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:50861)
Property details
- Property type
- Industrial
- Lot size
- 150.58 X 204.93 FT / 0.707 AC
- MLS® number
- 26025307
Mortgage calculator
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Location
Listed by: REMAX CARE REALTY. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.