462 Cheapside St - Retail FOR SALE


London, ON N5Y 3X2
$1,885,000 CAD
519-286-2021
462 Cheapside St, London, ON for Sale
$1,885,000 CAD
Retail - FOR SALE
1/1
null | Request Cap Rate

462 Cheapside St
London, ON N5Y 3X2


OVERVIEW

Mixed use property for sale in the heart of old north. This building is in immaculate condition with many recent upgrades / renovations completed. Two main floor commercial units; Unit 1 is leased to a bakery (total of 3,143 SF on the main and lower level) - currently on a month to month lease offering for an owner occupier opportunity; and Unit 2 is leased to an Indian grocery store (total of 1,205 SF on the main and lower level) leased until 2030 plus a 2nd floor newly-renovated 2-bedroom residential unit. Unit 1 was formerly a hair salon and offers lots of plumbing throughout the unit. 16 parking spaces on-site.

FOR SALE DETAILS

PRICE

$1,885,000 CAD

PRICE/SF

$343 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,918 SF

ZONING

CC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christina ShoreCBRE CanadaMore Info
519-286-2021

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Christina ShoreCBRE CanadaMore Info
519-286-2021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.