$6,300,000
FOR SALE

Industrial

Lot: 260.65 acresTotal Area: 5.18 acres
2023 Taxes: $53,000

120 Falcon St
London, ON N5W 4Z1 | Middlesex

Golden Opportunity! Income producing property with future development expansion! Fully Leased! Roughly 6% CAP Rate , Approximately 42,900 Sq Ft existing building on 5.18 Acres lot with 2.41 Acres excess land for future development.Existing Building is currently multi-tenanted and well-maintained.The zoning is light Industrial which allows variety of uses.( Li1, Li3 & Li17 ) Owner got building permit for additional 29000 Sq Ft ready to be built.
Extras
Site Plan & Building permit is ready for additional 29000 Sq Ft to be built
Share
Listed By INTERNATIONAL REALTY FIRM, INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8141600
Last Updated Apr 22, 2024
Property Summary
Property Type Industrial

More like this:
Category Multi-Unit
PIN 081220225
Legal Description Broker remarks
Occupancy Tenant
Possession Date TBA
Taxes (2023) $53,000
Tax Type Annual
Directions/Cross Streets Clarke & Trafalgar
Area Middlesex
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 260.65 acres
Retail Area 42,900 ft2
Industrial Area 42,900 ft2
Total Area 5.18 acres
Air Conditioning N
Basement N
Garage Type In/Out
Heat Type Gas Forced Air Open
Outside Storage N
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
Clear Height 14 feet
Rail N
Survey Y
Lot/Bldg/Unit Code Building
Zoning Light Industrial
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)