Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking. (id:61155)
| Business Type | Automobile |
| Business Sub Type | Automotive |
| MLS® Number | X12899968 |
| Property Type | Retail |
| Community Name | East Q |
| Amenities Near By | Highway, Public Transit |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size |
| Rental Equipment Type | Water Heater |
| Age | 31 To 50 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,000 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Sewer | Septic System |
| Size Depth | 153 Ft ,10 In |
| Size Frontage | 128 Ft ,6 In |
| Size Irregular | 0.537 |
| Size Total | 0.537 Ac |
| Size Total Text | 0.537 Ac |
| Zoning Description | Cc Ss1 |
https://www.realtor.ca/real-estate/29491545/1344-hamilton-road-london-east-east-q-east-q
Contact us for more information
Ajay Srivastava
Broker
(519) 673-3390
Anish Srivastava
Broker of Record
(519) 673-3390
Emily Tibbet
Salesperson
(519) 673-3390
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