Property Specs:
Price$2,300,000.00
CityLondon, ON
Address530 CLARKE Road
Listing ID40528591
ConstructionConcrete, Concrete block, Concrete Walls
Land Size1.672
StatusFor sale
Extended Features:
Amenities Nearby Public TransitCommunications High Speed InternetCommunity Features High Traffic AreaEquipment Other, Water HeaterFeatures Industrial mall/subdivision, Paved drivewayOwnership FreeholdRental Equipment Other, Water HeaterSigns PylonBasement NoneConstruction Materials Concrete block, Concrete WallsFire Protection Alarm systemFoundation BlockUtility Water Municipal water
Details:
Wow, 1.672 Acres of commercially zoned land (RSC4 and LI7), sitting on a main artery road with an existing 10,600 sq ft. building (approx.) that is currently 85%+ leased, making this is the perfect set-up for Owner-Operators with rental income, Truckers, Auto Mechanics and even Investors!!! Approximately 9,100 sq ft. of space is leased out to a well known Club/bar on a 5 year lease, that generates a healthy monthly income for the owner, and approx. 1,500 sq ft.(potential ceiling height of 16ft), is vacant and can be used by the new owners for their business or leased out for more income. Zoning is very broad and will allow for Truck Sales and Service establishments, Automotive Body shop and Mechanic shops, Contractors Services and Trades, Repair and Rental establishments, Day Care Centres, Restaurants and so much more. Current lot coverage is less than 15%, with opportunity to use this sizeable land to its full potentials. Close to Highway 401, Shopping centres (Walmart, No Frills, McDonald, and Homedepot) and Fanshawe College!!! (id:4555)
