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530 Clarke Road London, Ontario N5V 2C7

40 1.672 ac
1.672 ac
Acreage

$2,300,000

Wow, 1.672 Acres of commercially zoned land (RSC4 and LI7), sitting on a main artery road with an existing 10,600 sq ft. building (approx.) that is currently 85%+ leased, making this is the perfect set-up for Owner-Operators with rental income, Truckers, Auto Mechanics and even Investors!!! Approximately 9,100 sq ft. of space is leased out to a well known Club/bar on a 5 year lease, that generates a healthy monthly income for the owner, and approx. 1,500 sq ft.(potential ceiling height of 16ft), is vacant and can be used by the new owners for their business or leased out for more income. Zoning is very broad and will allow for Truck Sales and Service establishments, Automotive Body shop and Mechanic shops, Contractors Services and Trades, Repair and Rental establishments, Day Care Centres, Restaurants and so much more. Current lot coverage is less than 15%, with opportunity to use this sizeable land to its full potentials. Close to Highway 401, Shopping centres (Walmart, No Frills, McDonald, and Homedepot) and Fanshawe College!!! (id:48040)

Property Details

MLS® Number 40528591
Property Type Industrial
Amenities Near By Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Equipment Type Other, Water Heater
Features Paved Driveway, Industrial Mall/subdivision
Parking Space Total 40
Rental Equipment Type Other, Water Heater
Sign Type Pylon

Building

Basement Type None
Constructed Date 1977
Construction Material Concrete Block, Concrete Walls
Exterior Finish Concrete
Fire Protection Alarm System
Foundation Type Block
Stories Total 2
Size Exterior 10600.0000
Size Interior 10600
Utility Water Municipal Water

Land

Access Type Road Access
Acreage Yes
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 601 Ft
Size Frontage 121 Ft
Size Irregular 1.672
Size Total 1.672 Ac|1/2 - 1.99 Acres
Size Total Text 1.672 Ac|1/2 - 1.99 Acres
Zoning Description Rsc4, L17

Utilities

Electricity Available

https://www.realtor.ca/real-estate/26409791/530-clarke-road-london

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