126 CLARKE Road

126 CLARKE Road

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Property Description

2.023 acres! Excellent opportunity to own over 2 acres of extremely potential property on a busy road in the growing City of London! Nice rectangular shape with 167.82 frontage. Great location. Easy access to highway. Most units are presently tenanted by Automotive businesses, but zoning (RSC1/3/5) allows many other uses as well: commercial, offices. You'd be able to find one in the zoning list for your purpose. The property has 5 well cared for buildings on it. The vendor has invested a considerable amount of funds for improvement of the property. There are 10 units altogether; 9 units are rented out, which generates great annual revenue. Most long-term tenants with good lease terms. One unit used by the vendor for storage. Do not speak to the tenants. Contact Listing Agent for all inquiries. (id:47962)

Location Description

CLARKE ROAD BETWEEN TRAFALGAR AND GORE

Address: 126 CLARKE Road
City: London
State/Province: Ontario
Zip: N5W5E1
Country: Canada
Days On Market: 245 days
Mls Number: 40182830
Property Type: Industrial
Price: $ 2,790,000
Stories: 1
Ownership Type: Freehold
Parking Space: 60
Zoning Description: RSC1, RSC3, RSC5
Land Size: 2.023 ac|2 - 4.99 acres
Transaction Type: For sale
Subdivision: East I
Foundation Type: None
Year Built: 1976
Basement: None
Features: Visual exposure
Foundation Type: None
Fire Protection: Security system, Unknown
Flooring: Concrete
Basement Type: None
Exterior Finish: Brick, Other
Fireplace: Not Available
Utility Sewer: Municipal sewage system
Water: Municipal water
Community Features: High Traffic Area
Amenities Nearby: Shopping
Land Acreage: true
Date Status Price MLS Number URL
May 03, 2022 Active  $2,790,000 40182830

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