$4,595,000

FOR SALE

Business for Sale

Lot: 141.5 x 165.5 ftTotal Area: 8,352 ft²
2023 Taxes: $33,887.33

345 Horton St E
London, ON N6B 1L6 | East K | Middlesex

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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.

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Listed By	STREETCITY REALTY INC., Brokerage
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	X8106586
Last Updated	Apr 06, 2024

Property Summary

Property Type	Business For Sale More like this: London Business For Sale
Franchise	Non-Franchise
Category	With Property
PIN	083190104
Legal Description	PT LTS 6 & 7 , S/E HORTON STREET , PT 1, 33R8905, T/W 842625, IF ANY ; LONDON
Occupancy	Tenant
Possession Date	FLEX
Taxes (2023)	$33,887.33
Tax Type	Annual
Assessment (2023)	$1,003,000
Directions/Cross Streets	East Of Waterloo St.
Neighbourhood	East K
Area	Middlesex

Price History

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Detailed Information

Lot	141.5 x 165.5 ft
Total Area	8,352 ft2
Air Conditioning	Y
Basement	N
Chattels	N
Garage Type	None
Hours Open	N/A
LLBO	N
Heat Type	Gas Forced Air Open
Financial Statement	N
Area Influences	Public Transit
Water	Municipal
Lot/Bldg/Unit Code	Lot
Zoning	R8-4 AC4
Seller Property Info Statement	N

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