Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today! (id:57003)
Name | Stamp Art |
MLS® Number | X8409660 |
Property Type | Retail |
Community Name | East L |
Appliances | Refrigerator, Two Stoves, Window Air Conditioner |
CoolingType | Partially Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 3862 Sqft |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 81 Ft |
SizeFrontage | 49 Ft ,6 In |
SizeIrregular | 49.56 X 81.08 Ft |
SizeTotalText | 49.56 X 81.08 Ft |
ZoningDescription | Bdc(35)*h13 |
https://www.realtor.ca/real-estate/27000285/239-hamilton-road-london-east-l
Contact us for more information
Joanne Johnson
Salesperson