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$1,100,000
Status:
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 Sale |
|---|---|
| MLS Number | :40566753 |
| Listing Type | :Sale |
| Property Age | :Unknown Years |
| Possession Date | : |
| Last Updated | :28 Jun, 2024 (182 Days ago) |
| Source | :LSTAR |
| Area | :Middlesex |
|---|---|
| City | :London |
| Area Major | :East |
| Area Minor | :East F |
| Postal Code | :
N6A 3M8
|
| Directions | :Clarence Street between Dundas and Queen |
| Price | : $1,100,000 |
|---|---|
| Property Taxes | :$23264.95 |
| Tax Year | :2023 |
|---|
| Place of Worship | :No |
|---|---|
| Cross Street | :QUEEN |
| Approx Square Footage | :4939 sqft |
|---|
28 Jun, 2024
TREB #40566753
Price Change
$1100000
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$1,100,000
434-436 Clarence Street, Middlesex, ON
Listing ID #40566753
Price drop by $50,000