$625,000
Available - For Sale
Listing ID: X13016016
174 Main Street , Lucan Biddulph, N0M 2J0, Middlesex
| Don't miss this great investment opportunity in the heart of the Lucan, 15 mins North of London. This mixed use commercial and residential property is located in a prime location on Richmond St./Hwy 4 with ample road and foot traffic. C1 commercial zoning with 2 commercial units on the main and 1 residential (2 bed) in the upper (total sqft 2255) - all fully rented with an approximate cap rate of 8%. Unit 1 operating as a Barber Shop and unit 2 operating as a Pet Food Store. There are 6 parking spots with the property along with road parking and a public parking lot across the street. 2 heat pumps recently installed, 1 for upper, 1 for main. All new windows in the upper residential unit. Have your mortgage paid while living upstairs and renting the downstairs or simply add this entire property to your investment portfolio. Don't miss your chance to capture the energy in this vibrant growing town. |
| Price | $625,000 |
| Taxes: | $1400.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 174 Main Street , Lucan Biddulph, N0M 2J0, Middlesex |
| Postal Code: | N0M 2J0 |
| Province/State: | Middlesex |
| Legal Description: | PT LTS 158 & 159, PL 188 , PART 1, 2, 3 |
| Directions/Cross Streets: | Alice, William |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | F |
| Total Area: | 2255.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1125 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Major Highway Recreation/Comm |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX CENTRE CITY REALTY INC. |
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Po Paul Chen
Broker
Dir:
647-283-2020
Bus:
905-475-4750
Fax:
905-475-4770
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Middlesex |
| Municipality: | Lucan Biddulph |
| Neighbourhood: | Lucan |
| Tax: | $1,400 |
| Fireplace: | N |
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