345 HORTON STREET E
London East (East K), Ontario N6B1L6
- 8352 sqft
- Retail
Listed by RIGHT AT HOME REALTY
11 photos
Description
Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate >4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries.Great visibility onthe main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potentialuses underr current zoning. Book a viewing appointment today! Vendor VTB mortgage. **EXTRAS** Please allow 24 hours minimum notice for showings. Owners would consideroffering a VTB first mortgage. Listing agent is related to one of the owners. (id:37124)
Property details
| Price | $4,595,000 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Retail |
| Living area | 8352 square feet |
| Lot size | 141.5 x 165.5 FT |
| Frontage | 141.6 |
| Zoning | R8-4 AC4 |
| Heating | Forced air, Natural gas |
| Cooling | Fully air conditioned |
| Water | Municipal water |
| Annual taxes | $33,887 |
| Listed on | Nov 22, 2024 |
| MLS® number | X10442624 |
Location
All listing details (31)
| Business Type | Retail and Wholesale |
|---|---|
| City | London East (East K) |
| City Region | East K |
| Cooling | Fully air conditioned |
| Country | Canada |
| Directions | Waterloo and Horton |
| Fireplace YN | No |
| Frontage Length Numeric | 141.6 |
| Frontage Length Numeric Units | feet |
| Geocode Manual YN | No |
| Heating | Forced air, Natural gas |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | London and St. Thomas |
| List Price | 4595000 |
| Living Area | 8352 |
| Living Area Units | square feet |
| Lot Size Dimensions | 141.5 x 165.5 FT |
| Original Entry Timestamp | 2024-11-22T18:51:00.05Z |
| Photos Count | 11 |
| Postal Code | N6B1L6 |
| Property Sub Type | Retail |
| Standard Status | Active |
| State Or Province | Ontario |
| Street Dir Suffix | East |
| Street Name | HORTON |
| Street Number | 345 |
| Street Suffix | Street |
| Tax Annual Amount | 33887.33 |
| Water Source | Municipal water |
| Zoning Description | R8-4 AC4 |
Listing courtesy of
Listing brokerage
RIGHT AT HOME REALTY
355 PRINCESS AVENUE UNIT R, LONDON, Ontario
Listing agent
SHANNON HOWARD
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