Matthew Tenk
Broker of Record
1288 Commissioners Road W London, Ontario N6K 1E1
$5,899,000
Prime Investment Opportunity in the Heart of London's Bustling Commercial District in Byron. Discover a lucrative investment opportunity in a strategically located multiplex building, boasting 15,915 sq. ft. of rentable space on approximately 0.5 acres of prime land. Situated on a vibrant and high-traffic street in London, this property offers a diverse mix of tenants, including commercial retail, offices, and six modern residential apartments. With over 400k invested in renovating and upgrading all residential units, hallways, staircases, and roofs in 2019, we are ensuring a contemporary and well-maintained property. A diversified tenant mix provides a steady income stream, while the professionally managed property ensures operational efficiency and peace of mind for investors. Comprehensive lease agreements and property information are available upon signing a confidentiality agreement, offering transparency and insight into the property's financial performance. Positioned in a high-demand area with excellent accessibility and visibility, attracting tenants and customers seeking a prime location in London. Kindly request a confidential agreement for a comprehensive overview of this To explore this exclusive investment opportunity further and receive detailed financials and promising assets. Don't miss out on this chance to own a valuable piece of London's real estate market. Contact us today to secure your future in this thriving investment opportunity! (id:39551)
Property Details
| MLS® Number | 40577396 |
| Property Type | Other |
| Amenities Near By | Public Transit, Schools |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Equipment Type | Water Heater |
| Features | Visual Exposure, Paved Driveway |
| Parking Space Total | 34 |
| Rental Equipment Type | Water Heater |
Building
| Basement Type | Full |
| Constructed Date | 1989 |
| Exterior Finish | Brick, Brick Veneer, Other |
| Fire Protection | Alarm System |
| Fireplace Present | No |
| Foundation Type | Poured Concrete |
| Stories Total | 3 |
| Size Exterior | 15915.0000 |
| Size Interior | 15915 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 173 Ft |
| Size Frontage | 119 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Bdc(3) |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/26796610/1288-commissioners-road-w-london
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London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage
April 24 2024 09:00:00
