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580 Waterloo Street London East (East F), Ontario N6B 2P9

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

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