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-434-436 Clarence St (Between King & Queens Ave.)

Price : $1,100,000.00 , Status : Sale , MLS®# : X8204570

Kugeenthan Krishnamoorthy
Real Estate Agent
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.

Highlights

Property Details
  • Community: East F
  • City: London
  • Property Type: Commercial
  • Style: Commercial/Retail()
  • Bath:
  • Garages: None ( Space)
Features
  • Heating: Gas Forced Air Closd ,

Listing Contracted With: ROYAL LEPAGE TRILAND REALTY