126 Clarke Road London, Ontario N5W 5E1
$2,500,000
2.023 acres! Excellent opportunity to own over 2 acres of extremely potential property on a busy road in the growing City of London! Nice rectangular shape with 167.82 frontage. Great location. Easy access to highway. Most units are presently tenanted by Automotive businesses, but zoning (RSC1/3/5) allows many other uses as well: commercial, offices. You'd be able to find one in the zoning list for your purpose. The property has 5 well cared for buildings on it. The vendor has invested a considerable amount of funds for improvement of the property. There are 10 units altogether; 8 units are rented out, which generates great annual revenue. Most long-term tenants with good lease terms. One unit used by the vendor for storage, just one unit vacant. For the one vacant unit, mechanic shop(two hoists, etc.), you may bring in your own idea or rent it out for more rental income. Do not speak to the tenants. Contact Listing Agent for all inquiries. (id:24910)
Property Details
| MLS® Number | 40182830 |
| Property Type | Industrial |
| Amenities Near By | Shopping |
| Community Features | High Traffic Area |
| Equipment Type | None |
| Features | Visual Exposure |
| Parking Space Total | 60 |
| Rental Equipment Type | None |
| Sign Type | Pylon |
Building
| Basement Type | None |
| Constructed Date | 1976 |
| Exterior Finish | Brick, Other |
| Fire Protection | Security System, Unknown |
| Fireplace Present | No |
| Flooring Type | Concrete |
| Foundation Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Exterior | 26206.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | Yes |
| Land Amenities | Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 525 Ft |
| Size Frontage | 168 Ft |
| Size Irregular | 2.023 |
| Size Total | 2.023 Ac|2 - 4.99 Acres |
| Size Total Text | 2.023 Ac|2 - 4.99 Acres |
| Zoning Description | Rsc1, Rsc3, Rsc5 |
https://www.realtor.ca/real-estate/23786531/126-clarke-road-london
Interested?
Contact us for more information
Steve Seung Sub Kim
Salesperson
(519) 673-3752
127 Wortley Road
London, Ontario N6C 3P3
(519) 679-1090
(519) 673-3752
londonlivingrealestate.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
London Living Real Estate Ltd., Brokerage
November 02 2021 02:40:44
