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Type: Sale Of Business
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Property Type: Commercial
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Business Type: Other
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Zoning: DA1
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Age: No Data
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Taxes: 7079
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MLS®#: X8116032
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Days on Site: 216 Days
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Added: Sep 05, 2023 (8 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: STREETCITY REALTY INC., BROKERAGE
3 Story fully leased commercial/ residential building, located between Richmond St. and Clarence St. in a prime downtown location. Zoning permits wide range of commercial uses. On the ground floor operates a caf restaurant (~1500sqf). Newer A/C and Heat unit in the commercial unit. On the second and third floors there are 6 fully leased bachelor units. Tenants pay their own hydro and heat, water is included. All units are equipped with electrical baseboards heaters, hardwood flooring through-out, bathroom with tile flooring and windows that fit air-conditioning units. The building features coin operated washer & dryer on site, secured entry and fully functional buzzer system and a communal wooden deck for everyone's enjoyment on the first floor. All bachelor units have significant additional revenue potential, call listing agent for additional information. A great addition to any portfolio, this one is well worth a look.
Extras
DO NOT GO DIRECT to the restaurant and enquire. Please contact for further financial details. All measurements were done from outside of the building and are to be verified by purchaser. Residential units are not available for viewing
Property
Status: Sale
Type: Other
Property Type: Sale Of Business
Property Type: With Property
Area: London
Community: East K
Availability Date: FLEX
Assessment Amount: $406,000
Assessment Year: 2023
Inside
Air Conditioning: Part
Building
Basement: Y
Heat Type: Baseboard
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2022
Tax Legal Description: PT LT 6, S/W DUNDAS STREET, PTS 1 & 2 33R4890; S/T & T/W 598008
Taxes: $7,079
Taxes Type: Annual
Land
Cross Street: Richmond St
Municipality District: London
Parcel Number: 083210049
Lot Depth: 98.25 Feet
Lot Frontage: 22.55 Feet
Zoning: DA1
Commercial Specific
Total Area: 6489
Total Area Metric: Sq Ft
Area Influence: Public Transit
Franchise: N
Tangible Property Included: N
Lot Code: Lot
Financial Statement: Y
LLBO: N
St Georges Public School
Elementary: PublicSt Martin
Elementary: CatholicTecumseh Public School
Elementary: PublicSt. John French Immersion School
Elementary: CatholicLord Roberts Public School
Elementary: PublicJeanne-Sauvé Public School
Elementary: PublicG A Wheable Secondary School
Secondary: PublicB Davison Secondary School Secondary School
Secondary: PublicLondon South Collegiate Institute
Secondary: PublicLondon Central Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public
