location_on 434-436 Clarence St, London
London, Ontario N6A 3M8
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.
434-436 Clarence St London, Ontario N6A 3M8