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434-436 CLARENCE Street
London Ontario , N6A3M8 , Canada
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$1,150,000.00
MLS® 40566753
Commercial
Lot Frontage: 44.0 Feet
Lot Depth: 111.0 Feet
No. of Parking Spaces: 2
Floor Space (approx): 4939.00
Zoning: DA2
Remarks:
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:7526)

Property Features:
  • Access Type: Road access
  • Amenities Nearby: Public Transit
  • Community Features: High Traffic Area
  • OwnershipType: Freehold
  • Property Type: Office
  • Sewer: Municipal sewage system
  • Sign Type: Signband
  • Utility Type: Hydro - Available
  • Utility Type: Natural Gas - Available
  • Utility Type: Telephone - Available
Building Features:
  • Basement Type: Partial
  • Exterior Finish: Brick , Concrete
  • Foundation Type: Poured Concrete

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