$519,900 FOR SALE

Commercial/Retail

Lot: 49.5 x 81 ft

239 Hamilton Road
London, ON N5Z 1P9

Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today! (id:47423)

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Listed By KELLER WILLIAMS LIFESTYLES
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X8409690
Last Updated Oct 09, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Community East L
Price History
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Detailed Information
Bedrooms 4
Bathrooms 5
Lot 49.5 x 81 ft
Amenities Nearby Place of Worship, Public Transit, Schools
Equipment Water Heater
Features Irregular lot size, Flat site
Listing Contract Date 2024-06-06
Location Description Hamilton Road at Dreaney Avenue
Property Type Retail
Rental Equipment Water Heater
Structures Patio(s)
Transaction Type For sale
Zoning Description BDC(35)*H13
Building
Appliances Water Heater, Refrigerator, Two stoves, Window Air Conditioner
Basement Development Unfinished
Basement Type N/A (Unfinished)
Cooling Type Window air conditioner
Exterior Finish Stucco, Brick
Fire Protection Smoke Detectors
Foundation Type Block
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Residential Commercial Mix
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Living roomSecond level4.62 x 2.87
KitchenSecond level3.5 x 3.98
BedroomSecond level3.72 x 2.89
OtherSecond level5.47 x 3.13
Living roomSecond level3.5 x 4.23
Sitting roomSecond level3.73 x 3.43
KitchenSecond level2.48 x 3.44
BedroomSecond level3.73 x 3.82
Bedroom 2Second level3.25 x 3.11
OtherMain level8.51 x 5.03
OtherMain level6.12 x 4
OtherMain level18.47 x 7.61
Land
Total Size 49.56 x 81.08 FT | under 1/2 acre
Amenities Place of Worship, Public Transit, Schools
Size of Irregular Land 49.56 x 81.08 FT

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