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. (id:4069)
| Address |
434-436 CLARENCE STREET |
| List Price |
$1,100,000 |
| Property Type |
Retail |
| Area |
Ontario |
| Sub-Area |
London |
| Floor Area |
5,403 Sq. Ft. |
| Lot Size |
Bldg=44 x 110.92 FT ; 66.18x7.68x44.19x44.44x110.68 x 51.61 ft Sq. Ft. |
| MLS® Number |
X8204570 |
| Listing Brokerage |
ROYAL LEPAGE TRILAND REALTY
|
| Postal Code |
N6A3M8 |
| Zoning |
DA2 |
| Site Influences |
Public Transit |
| Features |
Irregular lot size |
