Excellent Investment Opportunity or Owner/Occupy. East London Multi-Unit Commercial Plaza For Sale plus Free Standing Industrial Building For Sale. Located on Dundas Street between Second and Third Street and located directly beside Gibraltar Trade Centre. Front Commercial Building: Approx. Total of 32,575 sq.ft. over 2 levels. Main Level: 15,974 sq.ft. and Lower Level: 16,601 sq.ft. Rear Industrial Building: Approx. 7,894 sq.ft. dock loading, 16 foot ceilings. Site Area: Approx. 2.53 acres. Potential Gross Income: Over $300,000 Per Year. Potential Net Income: Over $169,000 Per Year. Current Net Income: Approx. Over $95,000 Per Year. Legal Description: PART LOTS 91-95 INCLUSIVE PART LANE BETWEEN LOVERAGE AND DOUGLAS STREET AS CLOSED BY ORDER 46976LY AND ALL OF LOTS 112-126 INCLUSIVE, DOUGLAS STREET AS CLOSED BY ORDER 47158LY AND PART 1 FOOT RESERVE PLAN 483 AS IN 748853 LONDON/LONDON TOWNSHIP Zoning: ASA 1,3,4,5. (2753598)
Land Size
APPROX. 2.53 ACRES
Age Of Building
Older building
Annual Property Taxes
$49,333 (CAD)
Time on REALTOR.ca
3656 days
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