120 Falcon St, London, Ontario N5W 4Z1

Listed for:
$7,200,000
0 beds
0 baths
Listed 15 days ago
Multi-Tenant Industrial for rent: 120 Falcon St, London, Ontario N5W 4Z1

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Listing provided by:
INTERNATIONAL REALTY FIRM, INC.
MLS® number:
X7345588
Agent:
Reba Rezvanian
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About

Income producing property with future development expansion! Fully Leased! Roughly 5% CAP Rate , Approx 42,900 Sq Ft existing building on 5.18 Acres lot with 2.41 Acres excess land for future development.Existing Building is currently multi-tenanted and well-maintained.The zoning is light Industrial which allows variety of uses.( Li1, Li3 & Li17 ) Owner got building permit for additional 29000 Sq Ft ready to be built.**** EXTRAS **** Site Plan & Building permit is ready for additional 29000 Sq Ft to be built. (id:27476)

Property Highlights

Type
Multi-Tenant Industrial
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Here is a fantastic income-producing property with the potential for future development expansion. The property is currently fully leased, offering a roughly 5% CAP rate. It features an existing building of approximately 42,900 square feet situated on a 5.18-acre lot, with an additional 2.41 acres of excess land available for future development.

The existing building is currently multi-tenanted and has been well-maintained. The property is zoned as light industrial, allowing for a variety of potential uses (Li1, Li3 & Li17). The owner has already obtained a building permit for an additional 29,000 square feet, which is ready to be constructed.

Additional extras include a site plan and building permit that are ready for the construction of the additional 29,000 square feet. This property is currently for sale and has a land size of Bldg=260.65 Acre. It is located at 120 Falcon St. in the city of London, Ontario, with a postal code of N5W4Z1. The property type is classified as Multi-Tenant Industrial.