$ 1,100,000
434-436 CLARENCE STREET London, ON N6A3M8
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$ 1,100,000
Est. payment | /mo
5,403 SqFt
$ 1,100,000
Est. payment | /mo
5,403 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,403 sqft
Price per Sqft $203
Subdivision East F
MLS® Listing ID X8204570
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Very Attractive Mixed use property on Clarence street between Dundas and Queen Avenue. The property consists of two main floor retail/restaurants, one 2nd floor apartment and one 2nd floor retail/office. Total gross floor area of approx 4,939 sq ft on 5,403 sq ft of land. Nooners restaurant - approx 2,710 sq ft pays $2,500 per month plus utilities. WOW Shwarma - approx 1,190 sq ft paying $2,180 per month plus utilities. 2nd level Berkana Salon approx 387 sq ft paying $800 per month plus hydro. 2nd level apartment approx 571 sq ft paying $1,000 plus hydro. All Tenants paying well below market value. Projected Gross income approx $115,000.00 annually. Lots of upside to this property. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Partially air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Listed by ROYAL LEPAGE TRILAND REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "