126 CLARKE Road , London

Bed / $2,500,000 / MLS® Listing #:40182830


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2.023 acres! Excellent opportunity to own over 2 acres of extremely potential property on a busy road in the growing City of London! Nice rectangular shape with 167.82 frontage. Great location. Easy access to highway. Most units are presently tenanted by Automotive businesses, but zoning (RSC1/3/5) allows many other uses as well: commercial, offices. You'd be able to find one in the zoning list for your purpose. The property has 5 well cared for buildings on it. The vendor has invested a considerable amount of funds for improvement of the property. There are 10 units altogether; 8 units are rented out, which generates great annual revenue. Most long-term tenants with good lease terms. One unit used by the vendor for storage, just one unit vacant. For the one vacant unit, mechanic shop(two hoists, etc.), you may bring in your own idea or rent it out for more rental income. Do not speak to the tenants. Contact Listing Agent for all inquiries. (id:10452)

Property Details

Property Type Industrial
Square Feet
Maintenance N/A
Days On Our Website 31
Basement - None
Lot Dimensions 2.023 ac|2 - 4.99 acres
Pool N/A
Area London
Air Conditioning N/A
Heating Natural gas - Forced air
Exterior Brick, Other
Parking Spaces 60
Sewers Municipal sewage system
Water Municipal water


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