$1,100,000
FOR SALE

Commercial/Retail

Lot: 44 x 110.92 ft

434-436 Clarence Street
London, ON N6A 3M8

Very Attractive Mixed use property on Clarence street between Dundas and Queen Avenue. The property consists of two main floor retail/restaurants, one 2nd floor apartment and one 2nd floor retail/office. Total gross floor area of approx 4,939 sq ft on 5,403 sq ft of land. Nooners restaurant - approx 2,710 sq ft pays $2,500 per month plus utilities. WOW Shwarma - approx 1,190 sq ft paying $2,180 per month plus utilities. 2nd level Berkana Salon approx 387 sq ft paying $800 per month plus hydro. 2nd level apartment approx 571 sq ft paying $1,000 plus hydro. All Tenants paying well below market value. Projected Gross income approx $115,000.00 annually. Lots of upside to this property. (id:47421)
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Listed By ROYAL LEPAGE TRILAND REALTY
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X8204570
Last Updated Oct 09, 2024
Property Summary
Property Type Commercial/Retail

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Price History

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Detailed Information
Lot 44 x 110.92 ft
Amenities Nearby Public Transit
Features Irregular lot size
Listing Contract Date 2024-04-04
Location Description Between King & Queens Ave.
# of Parking Spaces 3
Property Type Retail
Transaction Type For sale
Zoning Description DA2
Building
Cooling Type Partially air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Size (Exterior) 5403 square feet
Utility Water Municipal water
Land
Total Size Bldg=44 x 110.92 FT ; 66.18x7.68x44.19x44.44x110.68 x 51.61 ft
Amenities Public Transit
Size of Irregular Land Bldg=44 x 110.92 FT ; 66.18x7.68x44.19x44.44x110.68 x 51.61 ft

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