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978 University Ave W

3,357 SF 100% Leased Retail Building Windsor, ON N9A 5S2 $661,353 USD ($197 USD/SF)

Investment Highlights

  • Renovated two-bedroom unit included
  • Established restaurant with strong sales
  • High-traffic area near university

Executive Summary

This is an exceptional opportunity to acquire a well-established Chinese restaurant with strong sales and a recently renovated two-bedroom unit above. The restaurant features upgraded kitchen equipment, most of which were replaced in 2022. Perfectly situated near a university and surrounded by residential areas, the location attracts a steady stream of customers, including students. This turnkey business offers the chance to own and operate a successful restaurant while generating additional rental income from the upstairs unit.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,357 SF
Building Class
C
Year Built
1952
Price
$661,353 USD
Price Per SF
$197 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
0.50 AC
Zoning
CD2.2
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
Scotiabank
RBC Royal Bank
TD Canada Trust
The Keg Steakhouse + Bar
CIBC
Second Cup
Osmow's
Starbucks
  • Listing ID: 33521377

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 978 University Ave W, Windsor, ON N9A 5S2

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