345 Horton Street East, London | Image 1

345 Horton Street East

London, East K

  • Commercial

$X,XXX,XXX
For Sale

Added 6 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: R8-4 AC4

  • Age: No Data

  • Taxes: 33887.33

  • MLS®#: X8106586

  • Days on Site: 145 Days

  • Added: Nov 13, 2023 (6 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: STREETCITY REALTY INC., BROKERAGE

Amazing opportunity in revitalized downtown SoHo London. Strong net cashflow secured by 100% occupancy & National Tenant. Gross income approx $250,000 (increasing with built-in escalations), cap rate >4%. Modern attractive 8,352 sq 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 on main arterial road. Walking distance to downtown, train and bus stations and on public transportation route. Many potential uses under current zoning. Vendor VTB mortgage.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: London

  • Community: East K

  • Availability Date: FLEX

  • Assessment Amount: $1,003,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 6 & 7 , S/E HORTON STREET , PT 1, 33R8905, T/W 842625, IF

  • Taxes: $33,887

  • Taxes Type: Annual

Land

  • Cross Street: East Of Waterloo St.

  • Municipality District: London

  • Parcel Number: 083190104

  • Lot Depth: 165.5 Feet

  • Lot Frontage: 141.5 Feet

  • Zoning: R8-4 AC4

Commercial Specific

  • Total Area: 8352

  • Total Area Metric: Sq Ft

  • Hours Open: N/A

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: N

  • LLBO: N

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