$2,300,000
FOR SALE

Business for Sale

Lot: 121.19 x 601.25 acresTotal Area: 10,600 ft2
2023 Taxes: $24,021.83

530 Clarke Rd
London, ON N5V 2C7 | East J | Middlesex

Wow, 1.672 Acres of commercially zoned land (RSC4 and LI7), sitting on a main artery road with an existing 10,600 sq ft. building (approx.) that is currently 85%+ leased, making this is the perfect set-up for Owner-Operators with rental income, Truckers, Auto Mechanics and even Investors!!! Approximately 9,100 sq ft. of space is leased out to a well known Club/bar on a 5 year lease, that generates a healthy monthly income for the owner, and approx. 1,500 sq ft.(potential ceiling height of 16ft), is vacant and can be used by the new owners for their business or leased out for more income. Zoning is very broad and will allow for Truck Sales and Service establishments, Automotive Body shop and Mechanic shops, Contractors Services and Trades, Repair and Rental establishments, Day Care Centres, Restaurants and so much more. Current lot coverage is less than 15%, with opportunity to use this sizeable land to its full potentials. Close to Highway 401, Shopping centres (Walmart, No Frills, McDonald, and Homedepot) and Fanshawe College!!!
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Listed By CENTURY 21 FIRST CANADIAN CORP., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8283952
Last Updated May 01, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Category With Property
PIN 081270014
Legal Description PART LOT 4 CONCESSION 1; DESIGNATED PARTS 2 AND 5 33R513 LONDON/LONDON TOWNSHIP
Occupancy Tenant
Possession Date Flexible
Taxes (2023) $24,021.83
Assessment (2016) $711,000
Directions/Cross Streets Pacific Court
Neighbourhood East J
Area Middlesex
Price History

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Detailed Information
Lot 121.19 x 601.25 acres
Total Area 10,600 ft2
Approximate Age 31-50
Elevator None
Basement N
Garage Type None
Outside Storage Y
Area Influences Public Transit
Sewers Sewers
Water Municipal
UFFI No
Crane N
Rail N
Zoning RSC4, L17
Seller Property Info Statement Y

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