Great value in this 8718 square foot building. It has seen a complete overhaul of the electric, plumbing, hvac and roof in the past few years. 3 Legal units with potential for more. Main floor hosts a picture framing retail store up front (over 3000 sq ft) and an Artisanal wood working shop in the back (2500 sq ft). Upstairs has a 3 Bedroom residential unit, office space, and a lunch room. This is a truly unique space that lends itself to a owner operator situation with rental income.
PART LOT 9 CONCESSION 2 AS IN 725554; SUBJECT TO 725554 LONDON/LONDON TOWNSHIP
Occupancy
Own+Ten
Possession Date
FLEX
Taxes (2022)
$11,094.42
Tax Type
Annual
Assessment (2022)
$409,000
Directions/Cross Streets
Turn Left Onto Oakside
Neighbourhood
East C
Area
Middlesex
Price History
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Detailed Information
Lot
79.49 x 176 ft
Retail Area
3,678 ft2
Industrial Area
2,520 ft2
Office/Apt Area
2,520 ft2
Total Area
8,718 ft2
Air Conditioning
Part
Basement
N
Financial Statement
N
Net Income Before Debt
$36,950
Insurance Expense
$5,990
Operating Expenses
$24,070
Other Expenses
$6,430
Year Expenses
$2,022
Expenses Actual/Estimated
Est
Outside Storage
Y
Area Influences
Public Transit
Sewers
San+Storm
Utilities
Y
Water
Municipal
Crane
N
Lot/Bldg/Unit Code
Building
Zoning
R 1-6 , Legal Non-Conforming Commercial
Seller Property Info Statement
N
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