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:4555)
