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126 Clarke Road London, Ontario N5W 5E1

Forced Air Acreage

$2,500,000

2.023 acres! Excellent opportunity to own over 2 acres of extremely potential property on a busy road in the growing City of London! Nice rectangular shape with 167.82 frontage. Great location. Easy access to highway. Most units are presently tenanted by Automotive businesses, but zoning (RSC1/3/5) allows many other uses as well: commercial, offices. You'd be able to find one in the zoning list for your purpose. The property has 5 well cared for buildings on it. The vendor has invested a considerable amount of funds for improvement of the property. There are 10 units altogether; 8 units are rented out, which generates great annual revenue. Most long-term tenants with good lease terms. One unit used by the vendor for storage, just one unit vacant. For the one vacant unit, mechanic shop(two hoists, etc.), you may bring in your own idea or rent it out for more rental income. Do not speak to the tenants. Contact Listing Agent for all inquiries. (id:19173)

Property Details

MLS® Number 40182830
Property Type Industrial
Amenities Near By Shopping
Community Features High Traffic Area
Equipment Type None
Features Visual Exposure
Parking Space Total 60
Rental Equipment Type None
Sign Type Pylon

Building

Basement Type None
Constructed Date 1976
Exterior Finish Brick, Other
Fire Protection Security System, Unknown
Flooring Type Concrete
Foundation Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Exterior 26206.0000
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage Yes
Land Amenities Shopping
Sewer Municipal Sewage System
Size Depth 525 Ft
Size Frontage 168 Ft
Size Irregular 2.023
Size Total 2.023 Ac|2 - 4.99 Acres
Size Total Text 2.023 Ac|2 - 4.99 Acres
Zoning Description Rsc1, Rsc3, Rsc5

https://www.realtor.ca/real-estate/23786531/126-clarke-road-london

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