AMAZING OPPORTUNITY IN REVITALIZED DOWNTOWN SOHO LONDON. STRONG NET CASHFLOW SECURED BY 100% OCCUPANCY. GROSS INCOME $300,000+ (WITH BUILT - IN FUTURE ESCALATIONS), CAP RATE MORE THAN 4%. MIXED USE COMMERCIAL PLAZA WITH EIGHT ( 8 ) SEPARATE UNITS, AMPLE ON - SITE PARKING, CORNER LOCATION. 15,000+ SQUARE FEET. CLASSIC VICTORIAN BUILDING IS COMPLETELY MODERNIZED. INCLUDES STUNNING DESIGNER LOFT APARTMENT. ON MAIN HIGH - PROFILE ARTERIAL ROAD. WALKING DISTANCE TO DOWNTOWN, TRAIN & BUS STATIONS ON PUBLIC TRANSPORTATION ROUTE. MANY POTENTIAL USES UNDER CURRENT ZONING. (id:4555)
PROPERTY SPECS
Listing ID X7400136
Address 339 HORTON STREET
City London, ON
Price $5,595,000
Land Size 0.243 ; LOT FRONT IS 70 FEET
Status For sale
EXTENDED FEATURES
Amenities NearbyPublic TransitCoolingFully air conditionedHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2024-06-04 14:00:59Days on Market104