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$ 625,000
Est. payment | /mo
$ 625,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Subdivision Lucan
MLS Listing ID X13016016
Annual Tax Amount $1,400
Tax Year 2025
Property Sub-Type Store W Apt/Office
Property Description
Don't miss this great investment opportunity in the heart of the Lucan, 15 mins North of London. This mixed use commercial and residential property is located in a prime location on Richmond St./Hwy 4 with ample road and foot traffic. C1 commercial zoning with 2 commercial units on the main and 1 residential (2 bed) in the upper (total sqft 2255) - all fully rented with an approximate cap rate of 8%. Unit 1 operating as a Barber Shop and unit 2 operating as a Pet Food Store. There are 6 parking spots with the property along with road parking and a public parking lot across the street. 2 heat pumps recently installed, 1 for upper, 1 for main. All new windows in the upper residential unit. Have your mortgage paid while living upstairs and renting the downstairs or simply add this entire property to your investment portfolio. Don't miss your chance to capture the energy in this vibrant growing town.
Location
Province ON
County Middlesex
Area Middlesex
Interior
Cooling Yes
Exterior
Community Features Major Highway, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 39.16
Lot Depth 1.0
Others
Security Features No
ParcelsYN No
Listed by RE/MAX CENTRE CITY REALTY INC.
Nearby Locations
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