Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate >4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries.Great visibility onthe main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potentialuses underr current zoning. Book a viewing appointment today! Vendor VTB mortgage. |
Extras: Please allow 24 hours minimum notice for showings. Owners would consideroffering a VTB first mortgage. Listing agent is related to one of the owners. |
Price | $4,595,000 |
Taxes: | $33887.33 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 345 HORTON St East , London, N6B 1L6, Ontario |
Postal Code: | N6B 1L6 |
Province/State: | Ontario |
Legal Description: | PT LTS 6 & 7 , S/E HORTON STREET , PT 1, |
Lot Size: | 141.50 x 165.50 (Feet) |
Directions/Cross Streets: | Waterloo and Horton |
Category: | Retail |
Use: | Retail Store Related |
Building Percentage: | Y |
Total Area: | 8352.00 |
Total Area Code: | Sq Ft |
Retail Area: | 8352 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit |
Financial Statement: | N |
Chattels: | N |
Franchise: | N |
Days Open: | V |
Seats: | 0 |
LLBO: | N |
Sprinklers: | N |
Rail: | N |
Crane: | N |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | San+Storm |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
STREETCITY REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Middlesex |
Municipality: | London |
Neighbourhood: | East K |
Lot Size: | 141.50 x 165.50(Feet) |
Tax: | $33,887.33 |