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Commercial Property for sale:
549 Hamilton Road
London, ON N6C 1S5
Price $575,000
Beds N/A
Baths N/A
Status Available
Area London
Listing ID# 14623872
Estimated Payment $2,684
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$575,000 Commercial Property for Sale in London, ON

Real Estate for Sale, ListingId:14623872, location: 549 HAMILTON Road London N6C 1S5
 

Roy Smith, Sales Representative

REALTY EXECUTIVES ELITE LTD.
515 Wellington Rd S.
Unit #7
London, ON N6C 4R3
Roy Smith, Sales Representative, London Real Estate
Main Phone (519)649-6900
Fax (519)649-6933
Email Contact Office by Email
Website Visit Office Website

PROPERTY DESCRIPTION

Excellent investment opportunity, property ... comprises of 2 buildings. Building 1: Main floor commercial apprx 7,900 sq ft (7,000 warehouse + 900 retail) formerly used as bakery 35 years. 2nd floor 5 apts: 1-bach ($500), 2-1 beds ($600 + $600), 2-2beds ($650+$650). Main floor rent $3,500 + portion of prop taxes. Building#2: Main floor commercial 1500 sq ft set up as laundromat (washers and dryers still on site and included in price, or seller will remove). 2nd floor apts: 1-2bed ($650) 1-3 bed ($700) Main flr rent $1,500 + portion of prop taxes. Additional rental from Billboard signage ($10,000/year). All seperately metered hydro (electric heat for apts). Seperate heating for main floor commercial units. All rents are projected, property, chattels & equipment being sold 'As Is, Where Is'. Gross projected Income yearly $126,000. Estimated expenses yearly $18,000. Being sold under power of Sale. MLS# 451733.

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