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CAD 2,950,000

530 CLARKE Road
London, Ontario

Property Description

Prime commercial retail/office space for sale in the heart of the East London industrial/ commercial zone. Located on Clarke Rd., near Dundas St., with rapid 401/402 access in a high visibility building with great street presence. Up to 10,600 Sq Ft. of open space available; may be subdivided into smaller units; ideal for most office uses. Currently set up as a restaurant (approx. 5,500 Sq Ft) Currently rented at $9,000/mth night club (approx. 3,650 Sq Ft, estimated rent is $4,000/mth) and separate bar area (approx. 1,450 Sq Ft, estimated rent is $2,500/mth) at the rear of the building with private patio. Currently rear parking lot of the building is leased out at $2,000/mth. The RSC4 zoning allows for many uses including: garage, convenience store, restaurant, brewing establishment, day care, financial institution, etc. The LI7 zoning allows for automotive repair garage, body shop, building or contracting establishments, service trades, custom workshops, etc. (id:885)

Courtesy of CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC., BROKERAGE

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Property Details

ID #
40166031
Status
For Sale
Postal Code
N5V2C7
Septic
City sewer
Access Type
Highway access, Road access
Acreage
Yes
Amenities
Airport, Public Transit
Area Amenities
Airport, Public Transit
Communication Type
High Speed Internet
Community Features
High Traffic Area, Industrial Park
Construction Material
Concrete block, Concrete Walls
Construction Style Attachment
Detached
Cooling Type
Central air conditioning
Exterior
Brick, Concrete
Fire Protection
Alarm system, Smoke Detectors
Flooring Type
Concrete
Foundation Type
Block
Heating Type
Forced air
Ownership Type
Freehold
Sign Type
Pylon
Size Frontage
121 ft
Size Total
1.672 ac|1/2 - 1.99 acres
Utility Water
Municipal water
Zoning Description
RSC LI7
Utility
DSL*, Electricity, Natural Gas, Telephone
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