444-448 Horton Street East, London | Image 1

444-448 Horton Street East

London, South E

  • Commercial

$899,000
For Sale

Added 6 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: R8-4/AC4

  • Age: 16-30 years

  • Taxes: 8851.23

  • MLS®#: X9259522

  • Days on Site: 167 Days

  • Added: Aug 17, 2024 (6 months ago)

  • Updated:

  • Last Checked: 5 hours ago

  • 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. 2 lots. 444-448 Horton St. East. Street Front About 100 ft. 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. Property also has Pattison sign with additional income approximately $4500 per year and car charging station (currently not used), that's a huge potential for additional income as well. Property was previously leased for $5,085 including HST, offering 1,483 square feet on main level and 250square feet on second level which can be used as a board room or residential. 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. Act now to seize this opportunity, Book your showing today!!

Property

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 16-30

  • Area: London

  • Community: South E

  • Availability Date: Immediate

  • 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

  • Green Verification Status: N

  • 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

  • Total Area: 1730

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Building

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