$ 1,100,000
434-436 Clarence ST London, ON N6A 3M8
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$ 1,100,000
Est. payment /mo
Active
434-436 Clarence ST London, ON N6A 3M8
5,403 SqFt
UPDATED:
10/31/2024 06:47 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,403 sqft
Price per Sqft $203
MLS Listing ID X8204570
Annual Tax Amount $23,264
Tax Year 2023
Property Description
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.
Location
Province ON
County Middlesex
Community Public Transit
Area East F
Interior
Cooling Partial
Exterior
Garage Spaces 3.0
Community Features Public Transit
Utilities Available Available
Others
Security Features No
Listed by ROYAL LEPAGE TRILAND REALTY
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