434-436 Clarence Street, London, ON

$1,100,000

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About 434-436 Clarence Street

Very Attractive Mixed use property on Clarence street between Dundas and Queen Avenue. The property consists of two main floor retail/restaurants, one 2nd floor apartment and one 2nd floor retail/office. Total gross floor area of approx 4,939 sq ft on 5,403 sq ft of land. Nooners restaurant - approx 2,710 sq ft pays $2,500 per month plus utilities. WOW Shwarma - approx 1,190 sq ft paying $2,180 per month plus utilities. 2nd level Berkana Salon approx 387 sq ft paying $800 per month plus hydro. 2nd level apartment approx 571 sq ft paying $1,000 plus hydro. All Tenants paying well below market value. Projected Gross income approx $115,000.00 annually. Lots of upside to this property.

Features of 434-436 Clarence Street

MLS® # X8204570
Price $1,100,000
Bathrooms 0.00
Acres 0.00
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 434-436 Clarence Street
Area Middlesex
Subdivision East F
City London
Province ON
Postal Code N6A 3M8

Amenities

Parking Spaces 3
Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Closed
Cooling Partial
Fireplace No

Listing Details

OfficeROYAL LEPAGE TRILAND REALTY

Listing Map

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