Commercial/retail

145 King St, London, Ontario N6A 1C3

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Property Description

Located in the heart of downtown London, 143-145 King Street is a fully tenanted, mixed-use commercial property offering an exceptional investment opportunity. Zoned DA1(6)*D350, this turn-key building features one commercial unit spanning 4,500 square feet, along with eight residential units, consisting of four one-bedroom and four studio apartments. The property also includes eight parking spots at the rear of the building. Each residential unit is independently metered for hydro and equipped with its own hot water tank. With a gross annual rental income of $160,044, the property delivers a strong return on investment with significant potential for future growth. Positioned in a high-traffic area, it is ideally located near major downtown attractions such as Canada Life Place, Covent Garden Market, VIA Rail, restaurants, bars, and shopping. Situated within the Downtown Heritage Conservation District, this property seamlessly blends historical charm with modern investment potential, making it a valuable addition to any savvy investors portfolio.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X11968374
Price : $1,699,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 0
Address
Postal Code : N6A 1C3
City : London
Street : King
Street Number : 145
Street Suffix : St
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Features
Heating System : Radiant
Parking : 8
Brokerage
Office Name : ROYAL LEPAGE TRILAND REALTY
Extra Information
Air Conditioning : Y
Area : Middlesex
living_area : 0
living_area_unit : Sqft
Community : East K
Lease : Sale
Tax Year : 2024
Commercial/retail For Sale
  • Listing ID : X11968374
  • Lot Area : 0 Sqft
  • Visits
$1,699,000