1288 Commissioners RD W new

London South,ON N6K 1E1

$ 5100000

- Bed

- Bath

19655 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 19,655 sqft

Price per Sqft $259

Subdivision South B

MLS Listing ID X12407635

Building Age 31-50

Annual Tax Amount $74,414

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Prime Investment Opportunity in the Heart of London's Bustling Commercial District in Byron. Discover a lucrative investment opportunity in a strategically located multiplex building, boasting 15,915 sq. ft. of rentable space on approximately 0.5 acres of prime land. Situated on a vibrant and high-traffic street in London, this property offers a diverse mix of tenants, including commercial retail, offices, and six modern residential apartments. With over 400k invested in renovating and upgrading all residential units, hallways, staircases, and roofs in 2019, and a new balcony in front of the building, we are ensuring a contemporary and well-maintained property. A diversified tenant mix provides a steady income stream, while the professionally managed property ensures operational efficiency and peace of mind for investors. Comprehensive lease agreements and property information are available upon signing a confidentiality agreement, offering transparency and insight into the property's financial performance. Please contact the listing agent for showing details.

Location

Province ON

County Middlesex

Community South B

Area Middlesex

Interior

Cooling Yes

Exterior

Community Features Public Transit,Recreation/Community Centre

Utilities Available Yes

Lot Frontage 119.31

Lot Depth 173.66

Others

Security Features No

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