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$ 519,900
Est. payment | /mo
4 Beds
5 Baths
$ 519,900
Est. payment | /mo
4 Beds
5 Baths
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision East L
MLS® Listing ID X8409690
Bedrooms 4
Half Baths 1
Originating Board London and St. Thomas Association of REALTORS®
Property Description
Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today! (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 4.62 x 2.87 Living room
Extra Room 2 Second level 3.5 x 3.98 Kitchen
Extra Room 3 Second level 3.72 x 2.89 Bedroom
Extra Room 4 Second level 5.47 x 3.13 Other
Extra Room 5 Second level 3.5 x 4.23 Living room
Extra Room 6 Second level 3.73 x 3.43 Sitting room
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Building
Story 2