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$1,499,000
Est. payment /mo
4,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $374
Subdivision East K
MLS Listing ID X12118285
Annual Tax Amount $16,586
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Prime Investment Opportunity In The Heart Of Downtown London! Rare Chance To Own A Four-Storey Mixed-Use Commercial And Residential Building In A High-Demand Core Downtown Location.Main Floor: Currently Leased To A Well-Established Indian Restaurant Generating Stable Rental Income.Basement: Also Leased To The Restaurant, Providing Additional Income.Second Floor: A Spacious 3-Bedroom Apartment With A Kitchen And Washroom.Third Floor: A 2-Bedroom Apartment Featuring A Kitchen, Washroom, And Private Patio.Fourth Floor: An Open-Concept Space Ready To Be Customized By The New Owner Or Tenant To Suit Their Needs. Additional Features Include Two Dedicated Parking Spaces And Ample Additional Parking At The Rear Of The Building. Situated In A Convenient Location Surrounded By Government Buildings, Banks, Colleges, Hotels, And Shopping Centres. Zoned DA (Downtown Area), Allowing For A Wide Variety Of Commercial And Residential Uses Such As Retail, Entertainment, Hotel, Clinic, Studio, Private Club, And Rental Apartments. This Property Offers Strong Rental Income And Excellent Potential For Long-Term Value Appreciation. Don't Miss The Great Opportunity!
Location
Province ON
County Middlesex
Community East K
Area Middlesex
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 18.97
Lot Depth 132.34
Others
Security Features No
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Listed by RE/MAX ATRIUM HOME REALTY
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