540 NOTRE DAME Active Save Request In-Person Tour Request Virtual Tour
Lakeshore,ON N0R1A0
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25018424
Property Sub-Type Freehold
Source Windsor-Essex County Association of REALTORS®
Property Description
For sale in Downtown Belle River, 540 Notre Dame is a prime mixed-use investment with value-add potential, offered at $1,399,999. The property includes 6 residential units (4 one-bedrooms, 2 two-bedrooms), 2 renovated commercial spaces (650 & 800 sq ft), and a detached full-brick duplex—all with room for rent increases. Immaculately maintained by owner-management. Current NOI is $81,098 (6.0% CAP) with projected $122,266 (9.1% CAP) through updates and leasing. Several residential units are upgraded, others offer renovation upside. Structurally sound with a roof approx. 8 years old, 8 parking spaces, and free street parking. Ideally located on Notre Dame Street, walkable to shops, restaurants, parks, and the waterfront—this is a rare opportunity in one of Lakeshore's fastest-growing communities. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters,Forced air,Furnace,,
Cooling Air Conditioned
Flooring Carpeted
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold