Commercial/retail For Sale - 434-436 Clarence St, London, Ontario N6A

location_on 434-436 Clarence St, London

Commercial/retail

434-436 Clarence St

London, Ontario N6A 3M8

$1,100,000

For Sale

Property Information

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.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X8204570
Price : $1,100,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 210
Address
Postal Code : N6A 3M8
City : London
Street : Clarence
Street Number : 434-436
Street Suffix : St
Floor Number : 0
Longitude : W82° 45' 12.3''
Latitude : N42° 58' 56.6''
Features
Heating System : Gas Forced Air Closd
Elevator : None
Parking : 3
Brokerage
Office Name : ROYAL LEPAGE TRILAND REALTY
Extra Information
Air Conditioning : Part
Area : Middlesex
living_area : 0
living_area_unit : Sqft
Community : East F
Lease : Sale
Tax Year : 2023

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434-436 Clarence St London, Ontario N6A 3M8