345 HORTON STREET E

$4,595,000

East K, London East, Ontario

  • 8,352 square feet
Commercial · RetailType
Forced air, Natural gasHeating
Fully air conditionedCooling
645Days on market
$550 / sqftPrice / sqft

About this property

Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate >4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries.Great visibility onthe main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potentialuses underr current zoning. Book a viewing appointment today! Vendor VTB mortgage. **EXTRAS** Please allow 24 hours minimum notice for showings. Owners would consideroffering a VTB first mortgage. Listing agent is related to one of the owners. (id:66327)

Property details

Interior

Living area
8,352 square feet

Exterior & parking

Architectural style
[]
Lot size
141.5 x 165.5 FT

Building & HOA

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Financial & legal

List price
$4,595,000
Price / sqft
$550 / sqft
Annual taxes
$33,887
Status
Active
MLS® number
X10442624

Location

City
London East
Neighbourhood
East K
Province
Ontario
Postal code
N6B1L6
Directions
Waterloo and Horton

Mortgage calculator

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).