$1,199,990
Available - For Sale
Listing ID: X12534004
1956 River Road , London East, N5W 6C2, Middlesex
| The sale of 1956 River Rd under Power of Sale presents a unique and compelling value proposition. The price is strategically set at the appraised market value, eliminating the speculative risk often associated with distressed sales. Investors gain a cash-flowing, industrial asset with favorable zoning and immediate highway access in a growing urban market. For an owner-operator, this offers an opportunity to acquire a perfectly configured, highly functional industrial facility at a confirmed market price, securing a critical operational base in a stable industrial hub. This offering is ideal for the prudent buyer ready to act swiftly on a high-utility asset where the value has been definitively established. The 4,725 square foot building is divided into three functional units, offering both multi-tenant income stability and operational flexibility for a future owner-user. This design is critical for maximizing absorption and minimizing vacancy in the local market. The facility is well-equipped for automotive and industrial uses, featuring a total of five drive-in doors with clear ceiling heights ranging from 9 feet to 13 feet. |
| Price | $1,199,990 |
| Taxes: | $7077.11 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $0 |
| Occupancy: | Tenant |
| Address: | 1956 River Road , London East, N5W 6C2, Middlesex |
| Postal Code: | N5W 6C2 |
| Province/State: | Middlesex |
| Legal Description: | PART LOT 1 & 2 NORTH SIDE JOHN STREET PL |
| Directions/Cross Streets: | River Rd/Veteran Memorial Pkwy |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Retail |
| Use: | Automotive Related |
| Building Percentage: | T |
| Total Area: | 30700.00 |
| Total Area Code: | Acres |
| Office/Appartment Area: | 600 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Financial Statement: | F |
| Chattels: | F |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Height Feet: | 10 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Septic |
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| ROYAL LEPAGE FLOWER CITY REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East Q |
| Tax: | $7,077.11 |
| Fireplace: | N |
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