772 Hamilton Road, London
$499,000
MLS® # 40554887
CENTURY 21 RIGHT TIME REAL ESTATE INC.
124 Rectory Street, London
$619,900
0 Beds
0 Baths
0 Sqft
.07 Acres
0 Garages
Why rent or lease when you could own and generate multiple revenue streams with only one investment.
With CC zoning this property offers a range of commercial uses which services the day-to-day convenience needs of the immediate neighbourhood. Currently operating as an established turn-key
restaurant offering licensed dine-in for 30 seats.
Upgrades and improvements over the past two years which include a new central air unit, electrical and fixtures, 30-gallon grease trap, stainless steel counter tops, vinyl siding, basement
waterproofing with 2 brand new sump pumps, the waterproofing comes with a 10 year worry free warranty. The completely refaced bar and dining room offers an inviting and cozy experience for
customers.
The current owner-occupied upper apartment provides easy access to your personal area while operating your business. It has 2 spacious bedrooms, a very large family room with a sloped ceiling
that only adds to the charm of this generous space. Fully equipped with stacking washer/dryer, stainless steel fridge with lower freezer and a gas stove that has been gently used. If living on site
isn’t your thing, it is no problem rent it out and earn a bit of revenue as the apartment can be self-contained with its outside entrance that is perfect for a young professional couple or small family.
There is onsite parking for 5 vehicles.
If all of that isn’t enough, you can even generate passive income when you assume the solar panel contract.
Essential Information
MLS® #40567540
Price$619,900
Bathrooms0.00
Acres0.07
TypeCommercial Sale
Sub-TypeMixed,Building and Land
StatusActive
Community Information
Address124 Rectory Street
AreaEast
SubdivisionEast L
CityLondon
CountyMiddlesex
ProvinceON
Postal CodeN5Z 2A1
Amenities
ParkingConcrete, Public
Utilities
Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
Interior
Interior FeaturesHigh Speed Internet
Has BasementYes
BasementFull
# of Stories2
Exterior
ConstructionVinyl Siding
Lot Description
Irregular Lot, Ample Parking, Public Transit, Schools, Visual Exposure
Foundation
Concrete Block, Poured Concrete
Additional Information
Days on Market32
Listing Details
Office
STREETCITY REALTY INC., BROKERAGE
LISTING MAP
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