6,691 ft2
Fully Air Conditioned
Forced Air
$1,890,000
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:50976)
Business
|
Business Type
|
Other |
|
Business Sub Type
|
Professional office(s) |
Property Details
|
MLS® Number
|
X12414039 |
|
Property Type
|
Office |
|
Community Name
|
East F |
|
Equipment Type
|
Water Heater |
|
Rental Equipment Type
|
Water Heater |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
6,691 Ft2 |
|
Type
|
Offices |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
157 Ft |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
50 X 157 Ft |
|
Size Total Text
|
50 X 157 Ft |
|
Zoning Description
|
Of, R3-1(6) |
https://www.realtor.ca/real-estate/28885583/295-wolfe-street-london-east-east-f-east-f
