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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Other
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Zoning: R8-4/AC4
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Age: 16-30 years
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Taxes: 8851.23
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MLS®#: X9263302
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Days on Site: 1 Days
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Added: Aug 20, 2024 (4 months ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: GOLD EMPIRE REALTY INC.
Fantastic opportunity near downtown London!! Unlock the potential for this lucrative investment located in a high demand SOHO District. Location is zoned for R8-4/AC4: Animal Hospitals, Clinics, Financial institutions, Medical/Dental Clinics, personal Services Establishments, Studios. Zoning also permitted for lodging house, apartment building, senior citizen homecare plus many more. The property also has opportunity available in adding additional 4 office units and reception space to the interior and a kitchen at the rear end of the property. The parking lot provides 17 spots to ensure convenience for patrons and clients, with a motorized front door entrance and wheelchair ramp attached. Reasonable annual rent escalation of $0.50 per sq. foot. Envision your dream cafe thriving in this prime area, where the bustling roads and local charm. Don't miss out on this exceptional opportunity! Contact today to schedule a viewing and secure your spot this thriving business community.
Extras
Additional operating costs: $6.00 per sq. feet.
Property
Status: Lease
Type: Other
Property Type: Commercial/Retail
Property Type: Multi-Use
Age: 16-30
Area: London
Community: South E
Availability Date: Flexible
Assessment Amount: $262,000
Assessment Year: 2023
Inside
Bathrooms: 2
Air Conditioning: Y
Washrooms: 2
Utilities
Utilities: Available
Building
Basement: Y
Heat Type: Elec Forced Air
UFFI: No
Energy Certificate: N
Green Verification Status: Y
Freestanding: Y
Outside Storage: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Covered Parking Spaces: 17
Fees
Tax Year: 2023
Tax Legal Description: PT LT 15 N/E HORTON STREET, PL 178 (E), PT LT 16 E BURWELL STREE
Taxes: $8,851
Taxes Type: Annual
Land
Cross Street: Burwell Street
Municipality District: London
Parcel Number: 083160022
Lot Depth: 125.3 Feet
Lot Frontage: 99.25 Feet
Lot Irregularities: 42.11'x27.06'x11.03'x
Zoning: R8-4/AC4
Shipping Doors
Clearing Height (ft): 10
Commercial Specific
Retail Area: 80
Retail Area Metric: %
Sprinklers: N
Terms: 60
Total Area: 1730
Total Area Metric: Sq Ft
Minimum Rental Months: 36
Area Influence: Public Transit
Area Influence: Rec Centre
Lot Code: Building
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
