Type
Commercial/Retail
Age
31-50 years
Days Listed
62
Last Updated
1 month ago

Ask about this home

Rafal Starmach

Sales Representative at Right at Home Realty Inc, Brokerage

  Yes 

Description

Commercial Stand Alone 2 Units Property For Sale. A Great Opportunity. Directly Exposed To Commercial/Businesses. Fully Leased. Net Income In Excess Of $60,400. A Cap Rate Of 7.5%. Near Main Highway, Tons Of Traffic And Local Communities Around London. A Healthy Cap Rate.

Extras

Potential To Increase. Most Leases Good Until 2023.

Features

Facts
Type:Commercial/Retail
Age:31-50 years
Type:Q.
Property Type:CommercialProperty
Taxes:8359
Zoning:Rsc 2 & 3
Days On Market:26
Listed by:STREETCITY REALTY INC., BROKERAGE
Age:31-50
MLS®#:X4582482
Property Type:Commercial/Retail
Type:Automotive Related
Property Type:Retail
Property
Status:Sale
Type:Q.
Type:Automotive Related
Property Type:CommercialProperty
Property Type:Commercial/Retail
Property Type:Retail
Age:31-50
Availability Date:120
Inside
Bathrooms:2
Air Conditioning:Y
Building
Heat Type:Gas Forced Air Open
Elevator:None
Freestanding:Y
Outside Storage:Y
Water Supply:Municipal
Parking
Garage Type:Outside/Surface
Covered Parking Spaces:40
Fees
Tax Year:2019
Tax Legal Description:Lot 17, Plan 914 London/Westminster
Taxes:8359
Taxes Type:Annual
Land
Cross Street:Adelaide St & Leatho
Municipality District:London
Parcel Number:083520312
Sewer:Sanitary
Lot Depth:280.6
Lot Frontage:120
Lot Size Units:Feet
Zoning:Rsc 2 & 3
Municipality:London
Municipality District:Middlesex
Shipping Doors
Clearing Height (ft):14
Commercial Specific
Rail:N
Retail Area:9000
Retail Area Metric:Sq Ft
Sprinklers:Part
Total Area Metric:Sq Ft
Office Size:200
Office Size Metric:Sq Ft
Area Influence:Major Highway
Area Influence:Public Transit
Days Open:7
Franchise:N
Tangible Property Included:N
Crane:N
Lot Code:Lot
Survey:N
Soil Test:N
Financial Statement:Y
Utilities
Utilities:Y
$849,000 - for Sale - MLS#: X4582482  

This commercial/retail property at 280 Adelaide Street South, London, N6C 4Z9 is currently for sale for $849,000. This property has been listed on Home.ca for 9 weeks and can be financed with an estimated mortgage of $2,876 per month*. Yearly property taxes for this home are approximately $8,359.

280 Adelaide Street South is a Commercial/Retail home. The home's closest main intersection is Adelaide St & Leatho. The lot dimensions of this property are 120 x 280.6 Feet. The property is located in the London neighbourhood in the city of London, in the regional municipality of Middlesex. Nearby neighbourhoods are .

This home has 0 beds and 2 bathrooms and is 31-50 years old. .

The garage is outside/surface. The property has central air for air conditioning.

Date of possession for this property is 120. This home was listed by STREETCITY REALTY INC., BROKERAGE according to MLS® Reciprocity.


Nearby Schools

Elementary Schools

Princess Elizabeth Public School

JK-8, Public, 0.75 km

C C Carrothers Public School

JK-8, Public, 0.70 km

St Sebastian Separate School

JK-8, Catholic, 1.05 km

Holy Rosary Separate School

JK-8, Catholic, 1.13 km

Glen Cairn Public School

JK-8, Public, 1.21 km

Lester B Pearson School for the Arts

4-8, Public, 1.80 km

Secondary Schools

G A Wheable Secondary School

9-12, Public, 1.12 km

B Davison Secondary School Secondary School

9-12, Public, 1.78 km

Sir Wilfrid Laurier Secondary School

9-12, Public, 1.93 km

London South Collegiate Institute

9-12, Public, 2.21 km

H B Beal Secondary School

9-12, Public, 3.16 km

Catholic Central High School

9-12, Catholic, 3.34 km


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For property value of $849,000 and downpayment of 20% ($169,800), your mortgage will be $2,876.08

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