434-436 Clarence Street, London

$1,150,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #40566753
Price$1,150,000
Bathrooms0.00
TypeCommercial Sale
Sub-TypeMixed,Building and Land
StatusActive
Community Information
Address434-436 Clarence Street
AreaEast
SubdivisionEast F
CityLondon
CountyMiddlesex
ProvinceON
Postal CodeN6A 3M8
Amenities
Parking Spaces2
Utilities

Electricity Connected, Natural Gas Connected, Phone Connected

Interior
Has BasementYes
BasementPartial
# of Stories2
Exterior
ConstructionCement Siding, Concrete
FoundationPoured Concrete
Lot Description

Irregular Lot, City Lot, High Traffic Area, Public Transit

Additional Information
Days on Market27
Listing Details
OfficeROYAL LEPAGE TRILAND REALTY
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