Property Specs:
Price$1,150,000.00
CityLondon, ON
Address434-436 CLARENCE Street
Listing ID40566753
ConstructionBrick, Concrete
StatusFor sale
Extended Features:
Amenities Nearby Public TransitCommunity Features High Traffic AreaOwnership FreeholdSigns SignbandBasement PartialFoundation Poured ConcreteUtility Water Municipal water
Details:
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. (id:4555)
