* Amounts are estimates only. Final payment amounts may vary.
Description
This centrally located commercial property is a unique opportunity to own 5600sf of versatile space made up of a 2300+ sf front retail area (which was previously used for office/personal services) PLUS 3225sf of additional rear warehouse space that has been permitted for use as a fitness facility (complete with a 12' overhead door with loading at grade, 16' ceilings, and an accessible bathroom). An additional 1010sf mezzanine at front features a lounge area, a full bathroom with shower plus 3 offices... 2 with great storage closets. There are 3 designated parking spaces at back and access to 20+ FREE street parking spaces at front. There is A/C to the front area and a newer HRV system in the warehouse (installed in 2020). The property is zoned I-B ( Industrial-Business) and is suited for anyone who in the trades/contractors, hardware/building supplies, household repair services, manufacturing, personal services, transportation, warehousing/wholesale. Neighbouring businesses include Canadian Tire, London Drugs, Save-On Food and DynaLife medical labs. Annual condo fees are $3928 which includes reserve fund contributions (for repair/replacement of roof and exterior) and insurance.
Property details
Basic Info
MLS® #
A2213587
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Senator Buchanan
Price
$695,000
Sale/Lease:
For Sale
Size:
6,614 sq.ft.
Year Built:
1958 (67 years old)
Building Info
Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A
Condo/Association Info
Condo Type:
Conventional Condo
Condo Fee:
$327
Condo Fee Includes:
Reserve Fund Contributions, See Remarks
Acreage/Farm Info
Farm Current Use:
Retail,Warehouse
Lot / Land Info
Lot Size:
0.65 acres
Lot Features:
Back Lane, Street Lighting
Zoning:
I-B
Materials & Systems
Roof:
Flat
Foundation:
Slab
Heating:
Combination, Electric, Overhead Heater(s), Forced Air, Natural Gas