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$5,699,000
Available - For Sale
Listing ID: X8267844
Prime Investment Opportunity in the Heart of London's Bustling Commercial District in Byron. Discover a lucrative investment opportunity in a strategically located multiplex building, boasting 15,915 sq. ft. of rentable space on approximately 0.5 acres of prime land. Situated on a vibrant and high-traffic street in London, this property offers a diverse mix of tenants, including commercial retail, offices, and six modern residential apartments. With over 400k invested in renovating and upgrading all residential units, hallways, staircases, and roofs in 2019, we are ensuring a contemporary and well-maintained property. A diversified tenant mix provides a steady income stream, while the professionally managed property ensures operational efficiency and peace of mind for investors. Comprehensive lease agreements and property information are available upon signing a confidentiality agreement, offering transparency and insight into the property's financial performance.
Extras:   Kindly request a confidential agreement for a comprehensive overview of this To explore this exclusiveinvestment opportunity further and receive detailed financials and promising asset. Don't miss out onthis golden opportunity.
Price $5,699,000
Taxes: $69,464
Tax Type: Annual
Occupancy by: Tenant
Address: 1288 Commissioners Rd West , London, N6K 1E1, Ontario
Postal Code: N6K 1E1
Province/State: Ontario
Lot Size: 119 x 173.66 (Feet)
Directions/Cross Streets: Boler And Commissioners Rd
Zoning: BDC(3)
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: N
Total Area: 19,593
Total Area Code:  Sq Ft
Office/Appartment Area: 10100
Office/Appartment Area Code: Sq Ft
Retail Area: 3589
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Approximatly Age: 31-50
Business/Building Name: 1288 Commissioners W
Financial Statement: Y
Chattels: Y
Franchise: N
Days Open: 7
Employees #: 6
LLBO: N
Taxes Expense: $69464
Insurance Expense: $9600
Maintenance: 13,100
 Heat Expenses: $4600
 Hydro Expense:  $12222
Water Expense: $9186
Other Expenses: $1409
Year Expenses: 2023
Expenses Actual/Estimated: $Act
Sprinklers: Y
Outside Storage: N
Rail: N
Crane: N
Soil Test: Envirn Audit
Clear Height Feet: 12
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: None
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 FIRST CANADIAN CORP

1288 Commissioners Rd West , London, N6K 1E1, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Middlesex
Municipality: London
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Style:
Lot Size: 119.00 x 173.66(Feet)
Approximate Age: 31-50
Tax: $69,464
Maintenance Fee: $13,100
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