126 Clarke Road, London, ON

$2,790,000

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2.02

Acres

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

AgentSteve Seung Sub Kim
OfficeLONDON LIVING REAL ESTATE LTD., BROKERAGE

Listing Map

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