446 York St, London MLS Number: X10874942
East K, London, Middlesex, ON, N6B 1R2$1,400,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $21123.55 (Tax Year:2024)
- Listing Courtesy : Cbre Limited
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$1,400,000
Status: For Sale
This single tenant insurance investment opportunity is a premium quality medical facility in the core area with high-end medical-office-building standard finishes throughout. The 3,800 SF single-storey building was stripped to the exterior shell and totally re-built in 2022-2023 with a renovation cost of approximately $1,760,000. Renovations included new HVAC system with individual temperature settings per room, multiple staff & patron washrooms, key fob alarm system on all doors throughout the facility, commercial grade vinyl flooring, 400 Amp electrical, fenced asphalt paved parking at the front of the building for 8 vehicles and LED light poles. RSC zoning allows a wide variety of service commercial uses in addition to the current medical use. The investment is secured by a 10 year fully Net Lease expiring in 2031 with 2 x5 year renewal options.
Property Type | :Commercial |
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MLS Number | :X10874942 |
Listing Type | :Sale |
Property Age | :31-50 Years |
Possession Date | : |
Last Updated | :25 Nov, 2024 (11 Hours ago) |
Source | :TRREB |
Area | :Middlesex |
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Postal Code | : N6B 1R2 |
Price | : $1,400,000 |
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Property Taxes | :$21123.55 |
Tax Year | :2024 |
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Cross Street | :North side of York Street between Burwell St & Maitland St |
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25 Nov, 2024
TREB #X10874942
Available
$1400000.0