1001 Adelaide St N, London MLS Number: X9308392
East B, London, Middlesex, ON, N5Y 2M6$1,559,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $0.00 (Tax Year:2024)
- Listing Courtesy : Cbre Limited
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$1,559,000
Status: For Sale
Small medical building for sale at the corner of Cheapside and Adelaide. First time offered for sale. Neighboring property at 909 Adelaide also available for purchase. Zoning permits Medical/Dental, Medical/Dental Laboratories, Clinic and Offices. 5.90% Capitalization Rate on proforma income with 2 vacancies rented at market rents. Unit 206 (703 SF) and Unit 200 (299 SF) currently available for lease or owner/ users. Tenant all on Net Leases. Confidentiality Agreement to be completed for access to additional financial details. Taxes to be assessed.
Property Type | :Commercial |
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MLS Number | :X9308392 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :05 Nov, 2024 (2 Days ago) |
Source | :TRREB |
Area | :Middlesex |
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Postal Code | : N5Y 2M6 |
Price | : $1,559,000 |
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Property Taxes | :$0.00 |
Tax Year | :2024 |
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Cross Street | :SW Corner Cheapside & Adelaide |
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Fireplace/Stove | :No |
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