434-436 Clarence St

Commercial/Retail | 0   | 0    | 3   | 0 sqft

$1,150,000

,London,Ontario, N6A 3M8

434-436 Clarence St, London Commercial/Retail Photos

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Property Info
MLS®: X8204570
Style of House: other
Bedrooms: 0
Bathrooms: 0
Last Updated: 2024-04-04
List Price: $1,150,000
Strata Fee: $0.00
Floor Area: 0 sq. ft
Unit Price: $1,150,000/sq. ft
Lot Size: 4880.48
Basement: Y
Tax Amount $23,265/Year
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Description

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.

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