434-436 Clarence St, London MLS Number: X8204570
East F, London, Middlesex, ON, N6A 3M8$1,100,000
Status: For Sale
- Property Type: Commercial (Commercial)
- Property Taxes : $23264.95 (Tax Year:2023)
- Listing Courtesy : Royal Lepage Triland Realty
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$1,100,000
Status: For Sale
Very Attractive Mixed use property on Clarence street between Dundas and Queen Avenue. The property consists of two main floor retail/restaurants, one 2nd floor apartment and one 2nd floor retail/office. Total gross floor area of approx 4,939 sq ft on 5,403 sq ft of land. Nooners restaurant - approx 2,710 sq ft pays $2,500 per month plus utilities. WOW Shwarma - approx 1,190 sq ft paying $2,180 per month plus utilities. 2nd level Berkana Salon approx 387 sq ft paying $800 per month plus hydro. 2nd level apartment approx 571 sq ft paying $1,000 plus hydro. All Tenants paying well below market value. Projected Gross income approx $115,000.00 annually. Lots of upside to this property.
Property Type | :Commercial |
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MLS Number | :X8204570 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :31 Oct, 2024 (16 Days ago) |
Source | :TRREB |
Area | :Middlesex |
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Postal Code | : N6A 3M8 |
Price | : $1,100,000 |
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Property Taxes | :$23264.95 |
Tax Year | :2023 |
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Cross Street | :Between King & Queens Ave. |
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28 Jun, 2024
TREB #X8204570
Available
$1100000.0
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