For Sale · Windsor · Industrial

$649,000

2438-2440 UNIVERSITY AVENUE West, Windsor

2007

Built

About This Home

The details.

Located directly opposite the University of Windsor and just a short walk from the beautiful Detroit Riverfront, this fully renovated turn-key restaurant building is perfectly positioned in one of Windsor's busiest and most sought-after corridors. Seating 45 guests in a beautifully updated dining space, the property features a massive commercial kitchen in the basement, a brand new roof, and separate furnace and air conditioning systems for both the kitchen and dining areas. Currently generating $5,000 per month plus utilities from an active cloud kitchen tenant, this property offers immediate income from day one. Whether you are an experienced restaurateur ready to launch your next concept, or an investor seeking a strong income-producing commercial asset in a prime Windsor location, this completely turn-key property delivers outstanding value, unbeatable visibility, and endless potential. (id:66635)

Summarizing the highlights...

MLS® 26013087Listing courtesy of KW SIGNATUREView on map Street view

Property Details

Facts & features.

Property type: Industrial
Ownership: Freehold
Year built: 2007
MLS number: 26013087
Data source: Windsor-Essex County Association of REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$3,035

$519,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,035

Cash flow

-$3,035

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Windsor right now

371

Active listings

506

New this week

$469,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Windsor.

Household and demographic stats for Windsor, from the Statistics Canada 2021 Census.

229,660
Population (2021): 40.8
Median age: 94,270
Households: 2.4
Avg household size: 62.5%
Home ownership: $70,000
Median household income

Windsor market trends

Source: Statistics Canada 2021 Census, Windsor, City, Ontario.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

St. Michael's Adult High School
catholic · secondary
900 m
Canada Benson Academy
independent · k12
960 m
West Gate Public School
public · elementary
1.1 km
Windsor Public Alternative Secondary School
public · secondary
1.1 km
General Brock Public School
public · elementary
1.5 km
Assumption Middle School
catholic · middle
1.6 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Rental Market

Renting nearby.

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.