Message Number421062
statusActive
Subject LineHave - Commercial Building, ground floor commercial with 2 Residential above, near Grand Bend, Ontario.
Business area
Canada
Ontario
Southwestern Ontario
London
Location, CityMiddlesex Parkhill
Have/WantHave
Business categoryBusiness Opportunities
Date of ListingNovember 17 2023
Type DescriptionCommercial with Residential - Mixed Use
LocationParkhill Ontario
Price$699,900.00
Building area3626
Site area1/2 acre
ZoningC1
Gross Income76800
Expenses8822
Net Income67978
Cap Rate9.7
CommentsMain Floor commercial area currently operating as a salon / spa. Can be leased for $3500 monthly +TMI at current market rent. Second floor currently is a 3 bedroom, 2 bathroom residential unit with living room, kitchen and balcony. This unit can be easily converted into 2 separate units with separate entrances and rent for $1600/month and $1300/month. Just over 1/2 acre with ample parking that can be leased out for extra income. C1 zoning can all dentist and many other uses.
Internet Links
Client Details-- NONE --
Clients ObjectiveRetire/Passive
ControlMLS
NameRahim Charania, RN, BScN
TitleBroker
Company NameStreetCity Realty
CityLondon
State/ProvinceOntario
Zip/Postal CodeN6A 5B5
CountryCanada
Business Phone Number(519)859-0133
Cell Number5198590133
Email AddressSend Email
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