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!
MLS# | X8409660 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Extension |
Days On Site | 132 |
Listing Provided By | KELLER WILLIAMS LIFESTYLES | Not Provided |
SQ Feet | 3,862 |
---|
State | ON |
---|---|
County | Middlesex |
City | London |
Zip Code | N5Z 1P9 |
Area | East L |
Listing VS Median (in N5Z 1P9) | |
Price: $519,900 low | high Med: $519,900 SqFt: 3,862 low | high Med: 3,862 $ / SqFt: $135 low | high Med: $135 On Site: 132 low | high Med: 132.000000 |