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434-436 Clarence Street London, Ontario N6A 3M8

3
Cooling: Partially Air Conditioned Heating: Forced Air, Natural Gas

$1,100,000

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:48040)

Property Details

MLS® Number X8204570
Property Type Retail
Neigbourhood Woodfield
Amenities Near By Public Transit
Features Irregular Lot Size
Parking Space Total 3

Building

Cooling Type Partially Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 5403 Sqft
Size Interior 5403 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 110 Ft ,11 In
Size Frontage 44 Ft
Size Irregular Bldg=44 X 110.92 Ft ; 66.18x7.68x44.19x44.44x110.68 X 51.61 Ft
Size Total Text Bldg=44 X 110.92 Ft ; 66.18x7.68x44.19x44.44x110.68 X 51.61 Ft
Zoning Description Da2

https://www.realtor.ca/real-estate/26707971/434-436-clarence-street-london

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