434-436 CLARENCE STREET

London, Ontario, N6A3M8, Canada

$1,100,000

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.

EXTRAS: Irregular lot size

Last updated on : Thursday 31st of October 2024 03:21:10 PM

ADDRESS

Street : 434-436 CLARENCE STREET

City : London

Province : Ontario

Country : Canada

Postal Code : N6A3M8

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PROPERTY SUMMARY

Property ID : X8204570

Property Type : Retail

Parking : 3

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