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434-436 Clarence Street Image 1

$1,100,000

$1,150,000
4.3% dropped

Last price change Jun 28, 2024

Apr 4, 2024Commercial Retail For Sale
bedroomsbed
washrooms0bath
MLS - #X8204570

434-436 Clarence Street, London East, ON N6A 3M8

0
Similar Homes Found
$0
Average Price
110000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

N/A

About 434-436 Clarence Street

Very Attractive Mixed use property on Clarence street between Dundas and Queen Avenue. The property consists of two main floor retail/restaurants, one 2nd floor apartment and one 2nd floor retail/office. Total gross floor area of approx 4,939 sq ft on 5,403 sq ft of land. Nooners restaurant - approx 2,710 sq ft pays $2,500 per month plus utilities. WOW Shwarma - approx 1,190 sq ft paying $2,180 per month plus utilities. 2nd level Berkana Salon approx 387 sq ft paying $800 per month plus hydro. 2nd level apartment approx 571 sq ft paying $1,000 plus hydro. All Tenants paying well below market value. Projected Gross income approx $115,000.00 annually. Lots of upside to this property.

Home Overview

Last updated

Feb 26

Virtual tour

None

Basement information

Building size

5403

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

2023

Listed by ROYAL LEPAGE TRILAND REALTY

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 434-436 Clarence Street

Some information about this property - Clarence Street

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