1344 Hamilton Road London East, Ontario N5N 5W9

1,000 ft2
Fully Air Conditioned Forced Air

$2,700,000

Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking. (id:38414)

Business

Business Type Automobile
Business Sub Type Automotive

Property Details

MLS® Number X12899968
Property Type Retail
Community Name East Q
Amenities Near By Highway, Public Transit
Equipment Type Water Heater
Features Irregular Lot Size
Rental Equipment Type Water Heater

Building

Age 31 To 50 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,000 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Sewer Septic System
Size Depth 153 Ft ,10 In
Size Frontage 128 Ft ,6 In
Size Irregular 0.537
Size Total 0.537 Ac
Size Total Text 0.537 Ac
Zoning Description Cc Ss1

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