$12
Available - For Rent
Listing ID: X9396621
530 Clarke Rd , Unit 1, London, N5V 2C7, Ontario
| An Excellent Opportunity to lease a versatile commercial space at 530 Clarke Rd, near Argyle Mall, in the heart of East London's bustling industrial and commercial district. This high-visibility property offers fantastic street presence and was previously operated as a banquet hall, restaurant, and nightclub with a bar area, boasting a capacity of approximately 400 people across the main and second floors, Approx. 4,100sq ft. on upper level and 5,000 sq. ft on ground level. The property includes chattels available for tenant use and offers RSC5 and LI7 zoning flexibility, accommodating a wide range of businesses such as restaurants, service trades, breweries, automotive services, and other commercial ventures. Additional Rent: Estimated at $8.00 PSF. Annual base rent increment of $0.50 per sq. ft. With ample on-site parking for approximately 50-60 vehicles (parking spots at the front and sides of the building as well as the rear end marked in red), this is an ideal location for a thriving business. Additionally, approximately 1,500 sq. ft. of space is being leased separately (back space behind the kitchen area of building with yard area on the rear end). Don't miss the opportunity to secure this prime space for your business to flourish! |
| Price | $12 |
| Minimum Rental Term: | 36 |
| Maximum Rental Term: | 60 |
| Taxes: | $27000.00 |
| Tax Type: | Annual |
| Occupancy by: | Vacant |
| Address: | 530 Clarke Rd , Unit 1, London, N5V 2C7, Ontario |
| Apt/Unit: | 1 |
| Postal Code: | N5V 2C7 |
| Province/State: | Ontario |
| Legal Description: | PART LOT 4 CONCESSION 1; DESIGNATED PART |
| Lot Size: | 121.19 x 601.13 (Feet) |
| Directions/Cross Streets: | Dundas to Clarke Road |
| Category: | Multi-Use |
| Building Percentage: | Y |
| Total Area: | 1.67 |
| Total Area Code: | Acres |
| Office/Appartment Area: | 9100 |
| Office/Appartment Area Code: | Sq Ft |
| Industrial Area: | 9100 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 9100 |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit |
| Approximatly Age: | 31-50 |
| Chattels: | Y |
| Sprinklers: | N |
| Outside Storage: | N |
| Rail: | N |
| Soil Test: | N |
| Heat Type: | Elec Forced Air |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Water: | Municipal |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| GOLD EMPIRE REALTY INC. |
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East I |
| Lot Size: | 121.19 x 601.13(Feet) |
| Approximate Age: | 31-50 |
| Tax: | $27,000 |
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