About 126 Clarke Road
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; 9 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. Do not speak to the tenants. Contact Listing Agent for all inquiries.
Features of 126 Clarke Road
| MLS® # | 40182830 |
|---|---|
| Price | $2,790,000 |
| Bathrooms | 0.00 |
| Acres | 2.02 |
| Year Built | 1976 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 126 Clarke Road |
|---|---|
| Area | East |
| Subdivision | East I |
| City | London |
| County | Middlesex |
| Province | ON |
| Postal Code | N5W 5E1 |
Amenities
| Utilities | Yes |
|---|---|
| Parking Spaces | 60 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Other |
|---|---|
| Heating | Forced Air, Natural Gas, Unit Heater |
| Cooling | Other |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
| Basement | None |
Exterior
| Lot Description | Urban, Rectangular, Ample Parking, High Traffic Area, Highway Access, Shopping Nearby, Visual Exposure |
|---|---|
| Construction | Brick, Other |
| Foundation | None |
Additional Information
| Days on Market | 244 |
|---|
Listing Details
| Agent | Steve Seung Sub Kim |
|---|---|
| Office | LONDON LIVING REAL ESTATE LTD., BROKERAGE |