126 CLARKE Road

London, Ontario

N5W5E1
2,500,000
Industrial
2.023 acres! Excellent opportunity to own over 2 acres of extremely potential property on a busy road in the growing City of London! Nice rectangular shape with 167.82 frontage. Great location. Easy access to highway. Most units are presently tenanted by Automotive businesses, but zoning (RSC1/3/5) allows many other uses as well: commercial, offices. You'd be able to find one in the zoning list for your purpose. The property has 5 well cared for buildings on it. The vendor has invested a considerable amount of funds for improvement of the property. There are 10 units altogether; 8 units are rented out, which generates great annual revenue. Most long-term tenants with good lease terms. One unit used by the vendor for storage, just one unit vacant. For the one vacant unit, mechanic shop(two hoists, etc.), you may bring in your own idea or rent it out for more rental income. Do not speak to the tenants. Contact Listing Agent for all inquiries. (id:6355)

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