Prime opportunity to acquire a fully renovated, turnkey mixed use commercial building in a high visibility location.


Property

Website:https://www.nestseekers.com/5660283
Address:
London East N5W 2S8
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C5,800,000
($4,112,200)
(€3,613,200)
Annual Taxes:C39,224

Description

Prime opportunity to acquire a fully renovated, turnkey mixed-use commercial building in a high-visibility location. This exceptional investment is currently home to four established tenants, including a dental office, Asmara Café, a security company, and a fitness gym, providing a strong and diversified income stream. In addition, the property offers vacant space that is ideal for an owner-occupier or can be leased to generate additional rental income and enhance future returns. The favourable RSC2 and RSC4 zoning permits a wide range of commercial uses, making this an excellent opportunity for investors or business owners seeking flexibility and long-term growth potential. The building has undergone extensive renovations and capital improvements, including: Roof replacement (2018) New elevator (2017) Complete office build-out (2017) Café build-out (2019) UPS system with backup generator and automatic transfer switch (2017) Eight new HVAC units installed since 2018 This well-maintained property combines stable tenancy, modern infrastructure, and future leasing potential, making it an outstanding investment opportunity for both owner-users and investors alike.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario