530 Clarke Road London, Ontario N5V 2C7
$2,300,000
Wow, 1.672 Acres of commercially zoned land (RSC4 and LI7), sitting on a main artery road with an existing 10,600 sq ft. building (approx.) that is currently 85%+ leased, making this is the perfect set-up for Owner-Operators with rental income, Truckers, Auto Mechanics and even Investors!!! Approximately 9,100 sq ft. of space is leased out to a well known Club/bar on a 5 year lease, that generates a healthy monthly income for the owner, and approx. 1,500 sq ft.(potential ceiling height of 16ft), is vacant and can be used by the new owners for their business or leased out for more income. Zoning is very broad and will allow for Truck Sales and Service establishments, Automotive Body shop and Mechanic shops, Contractors Services and Trades, Repair and Rental establishments, Day Care Centres, Restaurants and so much more. Current lot coverage is less than 15%, with opportunity to use this sizeable land to its full potentials. Close to Highway 401, Shopping centres (Walmart, No Frills, McDonald, and Homedepot) and Fanshawe College!!! (id:28006)
Property Details
| MLS® Number | 40528591 |
| Property Type | Industrial |
| Amenities Near By | Public Transit |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Equipment Type | Other, Water Heater |
| Features | Paved Driveway, Industrial Mall/subdivision |
| Parking Space Total | 40 |
| Rental Equipment Type | Other, Water Heater |
| Sign Type | Pylon |
Building
| Basement Type | None |
| Constructed Date | 1977 |
| Construction Material | Concrete Block, Concrete Walls |
| Exterior Finish | Concrete |
| Fire Protection | Alarm System |
| Fireplace Present | No |
| Foundation Type | Block |
| Stories Total | 2 |
| Size Exterior | 10600.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 601 Ft |
| Size Frontage | 121 Ft |
| Size Irregular | 1.672 |
| Size Total | 1.672 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.672 Ac|1/2 - 1.99 Acres |
| Zoning Description | Rsc4, L17 |
Utilities
| Electricity | Available |
https://www.realtor.ca/real-estate/26409791/530-clarke-road-london
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage
February 12 2024 08:11:22
