552 Clarke Road, London | Image 1

552 Clarke Road

London, East I

  • Commercial

$XX,XXX,XXX
For Sale

Added 5 months ago

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  • Type: Industrial

  • Property Type: Commercial

  • Zoning: LI 1

  • Age: No Data

  • Taxes: 82133.7

  • MLS®#: X8216218

  • Days on Site: 141 Days

  • Added: Nov 20, 2023 (5 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CBRE LIMITED, BROKERAGE

Income producing property with future development expansion! 100,722 Sq. Ft. Existing Building With 10.41 acres of excess land for future development. Existing Building is currently multi-tenanted and well-maintained. Ownership Has Completed Numerous Upgrades on the Existing Facility, Including a Full Roof Replacement in 2022. Future Development is subject to site plan approval and building permits. Multiple size options proposed on Future Development (153,450 SF - 170,000 SF). Upfront due diligence reports completed in 2022 include a Baseline Property Condition Assessment, Phase 1 Environmental Site Assessment.

Property

  • Status: Sale

  • Property Type: Industrial

  • Property Type: Free Standing

  • Area: London

  • Community: East I

  • Availability Date: See comments

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 4 CONCESSION 1; DESIGNATED PARTS 3, 4, 5, 6, 7, 8 AND 9

  • Taxes: $82,134

  • Taxes Type: Annual

Land

  • Cross Street: Clarke Road & Oxford

  • Municipality District: London

  • Parcel Number: 081270026

  • Sewer: San+Storm

  • Zoning: LI 1

Commercial Specific

  • Shipping Doors Drive In Level: 1

  • Shipping Doors Truck Level: 6

  • Rail: N

  • Retail Area Metric: Sq Ft

  • Total Area: 103429

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 100722

  • Industrial Area Metric: Sq Ft

  • Lot Code: Lot

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