ROYAL LEPAGE TRILAND REALTY

$1,100,000

434-436 CLARENCE STREET, London, Ontario

5403 Sqft

Property

MLS® Number: X8204570

Address: 434-436 CLARENCE STREET

City: London

Utilities

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 3

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:52316)

Property Sale History

Travel and Neighbourhood

Walker's Paradise

Location

James Kowalewski
James Kowalewski

Sales Representative

RE/MAX Escarpment

Contact James Kowalewski