206 CENTRAL AVENUE

Retail For Sale in London, Ontario

$2,199,000
FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL. HIGH END LUXURY FINISHES. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174.000 A YEAR. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS. CERAMIC, QUARTZ COUNTERTOPS. 5 APPLIANCES. 2-4 BEDROOM UNITS HAVE 2 FULL BATHS, 1-2 BEDROOM AND A 1-1 BEDROOM APT. CONTROLLED ENTRY. **** EXTRAS **** Assumable 1st Nat. bal. $1,169,403.81 @ ded.31,2023 @ 5.35% payments P&I Due Nov 1,2025 with $500,000 down seller will hold 2nd @ 2% (id:4069)
Address 206 CENTRAL AVENUE
List Price $2,199,000
Property Type Retail
Area Ontario
Sub-Area London
Floor Area 4,400 Sq. Ft.
Lot Size 45.08 x 111.14 FT Sq. Ft.
MLS® Number X9049763
Listing Brokerage SUTTON GROUP - SELECT REALTY
Postal Code N6A1M7
Zoning BDC

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Wayne Barker

Street City Realty

519 York St London ON N6B 1R4

Mobile: 519 281 6890

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