$2,300,000 FOR SALE

Industrial

Lot: 121 x 601 ft

530 Clarke Road
London, ON N5V 2C7

Wow, 1.672 Acres of commercially zoned land (RSC4 and LI7), sitting on a main artery road with an existing 10,600 sq ft. building (approx.) that is currently 85%+ leased, making this is the perfect set-up for Owner-Operators with rental income, Truckers, Auto Mechanics and even Investors!!! Approximately 9,100 sq ft. of space is leased out to a well known Club/bar on a 5 year lease, that generates a healthy monthly income for the owner, and approx. 1,500 sq ft.(potential ceiling height of 16ft), is vacant and can be used by the new owners for their business or leased out for more income. Zoning is very broad and will allow for Truck Sales and Service establishments, Automotive Body shop and Mechanic shops, Contractors Services and Trades, Repair and Rental establishments, Day Care Centres, Restaurants and so much more. Current lot coverage is less than 15%, with opportunity to use this sizeable land to its full potentials. Close to Highway 401, Shopping centres (Walmart, No Frills, McDonald, and Homedepot) and Fanshawe College!!! (id:47423)

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Listed By CENTURY 21 FIRST CANADIAN CORP., Brokerage
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number 40528591
Last Updated Apr 10, 2024
Property Summary
Property Type Industrial

More like this:
Subdivision East J
Price History
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Detailed Information
Lot 121 x 601 ft
Amenities Nearby Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Equipment Other, Water Heater
Features Paved driveway, Industrial mall/subdivision
Listing Contract Date 2024-01-12
Location Description North of Dundas on Clarke Rd. Just before Pacific Court.
Ownership Type Freehold
# of Parking Spaces 40
Property Type Industrial
Rental Equipment Other, Water Heater
Signage Pylon
Transaction Type For sale
Zoning Description RSC4, L17
Building
Basement Type None
Constructed Date 1977
Construction Material Concrete block, Concrete Walls
Exterior Finish Concrete
Fire Protection Alarm system
Foundation Type Block
Stories Total 2
Size (Exterior) 10600
Utility Water Municipal water
Utilities
Type Description
ElectricityAvailable
Land
Total Size 1.672 acres
Access Type Road access
Acreage Yes
Amenities Public Transit
Sewer Municipal sewage system
Size of Irregular Land 1.672

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