$2,199,000 FOR SALE

Commercial/Retail

Lot: 45 x 111.08 ft

206 Central Avenue
London, ON N6A 1M7

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:47423)

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Listed By SUTTON GROUP - SELECT REALTY
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X9049763
Last Updated Oct 09, 2024
Property Summary
Property Type Commercial/Retail

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Community East F
Price History
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Detailed Information
Lot 45 x 111.08 ft
Listing Contract Date 2024-07-22
Location Description RICHMOND
# of Parking Spaces 9
Property Type Retail
Transaction Type For sale
Zoning Description BDC
Building
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Utility Water Municipal water
Land
Total Size 45.08 x 111.14 FT
Sewer Sanitary sewer
Size of Irregular Land 45.08 x 111.14 FT

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