295 WOLFE STREET new

London East (east F),ON N6B2C4

$ 1890000

- Bed

- Bath

6691 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,691 sqft

Price per Sqft $282

Subdivision East F

MLS Listing ID X12414039

Source London and St. Thomas Association of REALTORS®

Property Description

Rare opportunity to acquire a solid masonry three story mixed use office residential building built in 1987 across from Victoria Park. Building consists of three commercial units and three residential units. Total square footage of 6,691. Current net operating income of $121,775.00 offering a 6.4% cap rate. Very suitable for owner occupied and an excellent investment opportunity. Onsite parking for 16 vehicles. Building in top condition with high end finishes. Many recent improvements-three residential units added around 10 years ago, 2nd floor HVAC units new in 2016, and Apt#3 in 2018, new HVAC for suite 1 in August 2022 and new HVAC for Apt. 1 in July 2022. Copy of rent roll, a recently completed Phase One ESA, floor plans and Fire Inspection Letter available upon request. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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