$ 1,100,000
434-436 Clarence ST London, ON N6A 3M8
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$ 1,100,000
Est. payment | /mo
5,403 SqFt
$ 1,100,000
Est. payment | /mo
5,403 SqFt
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
Parking Type None
Others
Security Features No
Listed by ROYAL LEPAGE TRILAND REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN