530 Clarke Road London, Ontario N5V 2C7

$2,300,000

Wow, 1.672 Acres of commercially zoned land (RSC4 and LI7), sitting on a main artery road with an\r\nexisting 10,600 sq ft. building (approx.) that is currently 85%+ leased, making this is the perfect\r\nset-up for Owner-Operators with rental income, Truckers, Auto Mechanics and even Investors!!!\r\nApproximately 9,100 sq ft. of space is leased out to a well known Club/bar on a 5 year lease, that\r\ngenerates a healthy monthly income for the owner, and approx. 1,500 sq ft.(potential ceiling height of\r\n16ft), is vacant and can be used by the new owners for their business or leased out for more income.\r\nZoning is very broad and will allow for Truck Sales and Service establishments, Automotive Body shop\r\nand Mechanic shops, Contractors Services and Trades, Repair and Rental establishments, Day Care\r\nCentres, Restaurants and so much more. Current lot coverage is less than 15%, with opportunity to use\r\nthis sizeable land to its full potentials. Close to Highway 401, Shopping centres (Walmart, No Frills,\r\nMcDonald, and Homedepot) and Fanshawe College!!! (id:41954)

Property Details

Building

Land

https://www.realtor.ca/real-estate/26827778/530-clarke-road-london-eastj