$550.17 Per Sq Foot $24,667 est/mo Sourced by Back At You

345 Horton Street E,London, ON N6B 1L6

London ON, N6B 1L6

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Description

Amazing opportunity in revitalized downtown SoHo London. Strong net cashflow secured by 100% occupancy & National Tenant. Gross income approx $250,000 (increasing with built-in escalations), cap rate 4%. Modern attractive 8,352 sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries. Great visibility on main arterial road. Walking distance to downtown, train and bus stations and on public transportation route. Many potential uses under current zoning. Vendor VTB mortgage.

Details

MLS#40512991
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site195
Listing Provided BySTREETCITY REALTY INC., BROKERAGE | Shannon Howard

Features

SQ Feet8,352
Story(s)1
ZoningR8-4 AC4
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionMiddlesex
CityLondon
Postal CodeN6B 1L6
AreaEast
SubareaEast K
Community NameEast K
Listing VS Median (in East K)
Price:
$4,595,000
low | high
Med:
$350,000
100% of Average
SqFt:
8,352
low | high
Med:
1,190
100% of Average
$ / SqFt:
$550
low | high
Med:
$294
96.540357165717% of Average
On Site:
195
low | high
Med:
167.000000
100% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 7:52:36 PM PDT