Prime Investment Opportunity in the Heart of London's Bustling Commercial District in Byron. Discover a lucrative investment opportunity in a strategically located multiplex building, boasting 15,915 sq. ft. of rentable space on approximately 0.5 acres of prime land. Situated on a vibrant and high-traffic street in London, this property offers a diverse mix of tenants, including commercial retail, offices, and six modern residential apartments. With over 400k invested in renovating and upgrading all residential units, hallways, staircases, and roofs in 2019, we are ensuring a contemporary and well-maintained property. A diversified tenant mix provides a steady income stream, while the professionally managed property ensures operational efficiency and peace of mind for investors. Comprehensive lease agreements and property information are available upon signing a confidentiality agreement, offering transparency and insight into the property's financial performance. |
Extras: Kindly request a confidential agreement for a comprehensive overview of this To explore this exclusiveinvestment opportunity further and receive detailed financials and promising asset. Don't miss out onthis golden opportunity. |
Price | $5,699,000 |
Taxes: | $69464.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 1288 Commissioners Rd West , London, N6K 1E1, Ontario |
Postal Code: | N6K 1E1 |
Province/State: | Ontario |
Lot Size: | 119.00 x 173.66 (Feet) |
Directions/Cross Streets: | Boler And Commissioners Rd |
Category: | Multi-Use |
Use: | Hospitality/Food Related |
Building Percentage: | N |
Total Area: | 19593.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 10100 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 3589 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit Rec Centre |
Approximatly Age: | 31-50 |
Business/Building Name: | 1288 Commissioners W |
Financial Statement: | Y |
Chattels: | Y |
Franchise: | N |
Days Open: | 7 |
Employees #: | 6 |
LLBO: | N |
Taxes Expense: | $69464 |
Insurance Expense: | $9600 |
Heat Expenses: | $4600 |
Hydro Expense: | $12222 |
Water Expense: | $9186 |
Other Expenses: | $1409 |
Year Expenses: | 2023 |
Expenses Actual/Estimated: | $Act |
Sprinklers: | Y |
Outside Storage: | N |
Rail: | N |
Crane: | N |
Soil Test: | Envirn Audit |
Clear Height Feet: | 12 |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Sewers: | None |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 FIRST CANADIAN CORP |
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Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Middlesex |
Municipality: | London |
Lot Size: | 119.00 x 173.66(Feet) |
Approximate Age: | 31-50 |
Tax: | $69,464 |
Maintenance Fee: | $13,100 |