3022 sqft
Fully Air Conditioned
Other
$1,179,000
Fantastic opportunity for investors or business office with income to cover expenses. Welcome to 580 Waterloo St., a freestanding, mixed use 2 storey building, with many updates and improvements. The main and upper floors comprising of 2275 Sq Ft of office space, and 2 residential units in the basement. The upper office tenant is currently leased until May 31, 2026 and main floor office tenants are vacating December 31, 2025. An ideal situation for an investor to occupy main floor level or pick you own tenant and lease. Current financial information is based on present income and potential market rents. Office tenants pays electricity, gas and water. Residential tenants rent includes $95 toward heat, electricity and water. Some of the updates include furnaces, central airs and water heaters. Replaced rear porch. Renovated front porch. Replaced commercial outside doors (front & rear). Outside lighting, brick repointing and replacement as needed. Replaced rear eaves and downspouts. Update one basement res unit when after tenant vacated. (id:41954)
Business
Business Type
|
Other |
Business Sub Type
|
Professional office(s) |
Property Details
MLS® Number
|
X12341291 |
Property Type
|
Office |
Community Name
|
East F |
Amenities Near By
|
Public Transit |
Parking Space Total
|
10 |
Building
Cooling Type
|
Fully Air Conditioned |
Heating Fuel
|
Natural Gas |
Heating Type
|
Other |
Size Exterior
|
3022 Sqft |
Size Interior
|
3022 Sqft |
Type
|
Offices |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit |
Size Depth
|
131 Ft |
Size Frontage
|
53 Ft |
Size Irregular
|
Bldg=53 X 131 Ft |
Size Total Text
|
Bldg=53 X 131 Ft |
Zoning Description
|
R3-2 0c2 |
https://www.realtor.ca/real-estate/28726142/580-waterloo-street-london-east-east-f-east-f