Fantastic opportunity near downtown London!! Unlock the potential for this lucrative investment located in a high demand SOHO District. Location is zoned for R8-4/AC4: Animal Hospitals, Clinics, Financial institutions, Medical/Dental Clinics, personal Services Establishments, Studios. Zoning also permitted for lodging house, apartment building, senior citizen homecare plus many more. The property also has opportunity available in adding additional 4 office units and reception space to the interior and a kitchen at the rear end of the property. The parking lot provides 17 spots to ensure convenience for patrons and clients, with a motorized front door entrance and wheelchair ramp attached. Reasonable annual rent escalation of $0.50 per sq. foot. Envision your dream cafe thriving in this prime area, where the bustling roads and local charm. Don't miss out on this exceptional opportunity! Contact today to schedule a viewing and secure your spot this thriving business community.
PT LT 15 N/E HORTON STREET, PL 178 (E), PT LT 16 E BURWELL STREET, PL 178 (E), AS IN 894757; LONDON & PT LT 16 E BURWELL STREET, PL 178(E), AS IN 908985; LONDON
Minimum Rental Term
36
Maximum Rental Term
60
Occupancy
Vacant
Possession Date
Flexible
Taxes (2023)
$8,851.23
Tax Type
Annual
Assessment (2023)
$262,000
Directions/Cross Streets
Burwell Street
Neighbourhood
South E
Area
Middlesex
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Bathrooms
2
Lot
99.25 x 125.3 ft
Lot Irregularities
42.11'x27.06'x11.03'x98.26'x53.87'
Retail Area
80 percent
Total Area
1,730 ft2
Approximate Age
16-30
Air Conditioning
Y
Basement
Y
Garage Type
Outside/Surface
Parking Spaces
17
Heat Type
Elec Forced Air
Outside Storage
Y
Area Influences
Public Transit, Rec Centre
Sprinklers
N
Utilities
A
Water
Municipal
UFFI
No
Clear Height
10 feet
Lot/Bldg/Unit Code
Building
Zoning
R8-4/AC4
Seller Property Info Statement
N
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