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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Retail Store Related
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Zoning: R8-4 AC4
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Age: No Data
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Taxes: 33887.33
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MLS®#: X10442624
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Days on Site: 84 Days
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Added: Nov 22, 2024 (2 months ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: STREETCITY REALTY INC.
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.
Property
Status: Sale
Type: Retail Store Related
Property Type: Commercial/Retail
Property Type: Retail
Area: London
Community: East K
Availability Date: Flexible
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2023
Tax Legal Description: PT LTS 6 & 7 , S/E HORTON STREET , PT 1, 33R8905
Taxes: $33,887
Taxes Type: Annual
Land
Cross Street: Waterloo and Horton
Municipality District: London
Parcel Number: 083190104
Sewer: San+Storm
Lot Depth: 165.5 Feet
Lot Frontage: 141.5 Feet
Zoning: R8-4 AC4
Commercial Specific
Rail: N
Retail Area: 8352
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 8352
Total Area Metric: Sq Ft
Area Influence: Public Transit
Days Open: V
Franchise: N
Tangible Property Included: N
Crane: N
Lot Code: Lot
Survey: N
Financial Statement: N
LLBO: N
Holy Rosary Separate School
Elementary: CatholicAberdeen Public School
Elementary: PublicSt Mary School
Elementary: CatholicTecumseh Public School
Elementary: PublicSt. John French Immersion School
Elementary: CatholicLord Roberts 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
