1344 Hamilton Road, London East (East Q), ON N5N5W9
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Listing Type
Commercial/Industrial
Listing Status
Active
13
$2,700,000
Home Details for 1344 Hamilton Road
Price
$2,700,000
Type
Commercial Sale
Lot size acres
0.537
Listing #
X12899968
Property Description
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:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Listing Courtesy: CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
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Market statistics compiled from data from Canadian Real Estate Association.