$929,000

Commercial For Sale In Central London, London, Ontario

$929,000

Property Information:

Fantastic opportunity near downtown London!! Unlock the potential for this lucrative investment located in a high demand SOHO District. 2 lots. 444-448 Horton St. East. Street Front About 100 ft. Location is zoned for R8-4/AC4: Animal Hospitals, Clinics, Financial institutions, Medical/Dental Clinics, personal Services Establishments, Studios. Zoning also permitted for lodging house, apartment building, senior citizen home care plus many more. Property also has Pattison sign with additional income approximately $4500 per year and car charging station (currently not used), that's a huge potential for additional income as well. Property was previously leased for $5,085 including HST, offering 1,483 square feet on main level and 250 square feet on second level which can be used as a board room or residential. The property also has opportunity available in adding additional 4 office units and reception space to the interior and a kitchen at the rear end of the property. The parking lot provides 17 spots to ensure convenience for patrons and clients, with a motorized front door entrance and wheelchair ramp attached. Act now to seize this opportunity, Book your showing today!!

Inclusions: Hot Water Tank-Owned, Pattison Sign At The Front (Which Brings Additional $376.00 Income), Existing Ev Carcharging Station In Parking Lot In As Is Condition, Not In Use Currently.

Exclusions : Pattison Sign Currently On Lease With Property Owner, Lease Would Be Transferred To New Buyer.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial
  • Construction Materials: Aluminum Siding, Concrete, Shingle Siding, Vinyl Siding
  • Interior Features: High Speed Internet
  • Lot Features: Irregular Lot, Business Centre, City Lot, High Traffic Area, Hospital, Public Transit
  • Lot Frontage: 99.25 Feet
  • Parking Features: Asphalt, Guest
  • Road Frontage Type: Municipal Road, Public Road
  • Security Features: Alarm System
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Municipal
  • Zoning: R8-4/AC4
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 17

Courtesy of: GOLD EMPIRE REALTY INC.

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved