Commercial opportunity near Wortley Village and downtown. >35000 traffic count per day, parking for 8 and opposite a busy Tim Hortons and Robert Q Airbus Terminal. Low taxes: $7311.55 (2024). 3 units total; all under lease: 2 retail and one enormous 3 bedroom, 2 bath apartment. Net rents over $70,000. Of the retail, a thriving butcher shop and busy hair salon occupy the main level units. The salon has been beautifully renovated and had major upgrades to plumbing and electrical systems. The apartment has separate entry through the back and features a showroom kitchen and and newly renovated baths. Over $100,000 spent on recent renovations (id:4069)
Address
122 WHARNCLIFFE ROAD S
List Price
$1,050,000
Property Type
Retail
Area
Ontario
Sub-Area
London
Floor Area
3,510 Sq. Ft.
Lot Size
Bldg=45.01 x 108 FT Sq. Ft.
MLS® Number
X10406386
Listing Brokerage
ROYAL LEPAGE TRILAND REALTY
Postal Code
N6J2K3
Zoning
AC2 (1)
