434-436 Clarence Street, London, Ontario N6A 3M8

Listed for:
$1,150,000
0 beds
0 baths
Listed 38 days ago
434-436 Clarence Street, London, Ontario N6A 3M8

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Listing provided by:
ROYAL LEPAGE TRILAND REALTY
MLS® number:
40566753
Agent:
Jamie Frederick Hanke
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About

Clarence Street between Dundas and Queen 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:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Brick, Concrete
Parking space
2
Ownership Type
Freehold
Amenities nearby
Public Transit

Location