172 King St - Storefront Retail/Residential FOR SALE


London, ON N6A 1C6
$1,500,000 CAD
226-270-6676
172 King St, London, ON for Sale
$1,500,000 CAD
Storefront Retail/Residential - FOR SALE
1/7
null | Request Cap Rate

172 King St
London, ON N6A 1C6


HIGHLIGHTS

  • Close to many amenities.
  • Located in downtown London.
  • Zoning permits an extensive range of options.

OVERVIEW

This exceptional three-story building boasts a prime location in the heart of the city, just one block away from the bustling market and the renowned Budweiser Gardens. With meticulous attention to detail, the property has been entirely rebuilt to ensure the utmost in quality and functionality. On the main floor, you'll discover a thriving restaurant that comes complete with a charming street patio, offering patrons a delightful dining experience. The restaurant's track record of success underscores its appeal to both locals and visitors alike, making it a lucrative investment opportunity. As you ascend to the second and third floors, you'll find two spacious 2000 sq ft lofts that can be adapted for either residential or commercial use. These versatile spaces provide endless possibilities for creative entrepreneurs and those seeking modern, urban living. The top-level luxury loft is a standout feature of the property, featuring vaulted ceilings adorned with portal windows and elegant steel beams. This unique space offers an unparalleled living or business environment, making it a true gem within the building. The flexibility of the units allows the buyer to set their own rents or personally occupy them, giving you complete control over the property's potential income. Additionally, with a 4 percent financing option available, this property presents an attractive investment opportunity for those seeking to capitalize on the proven track record of successful business results associated with this exceptional building. Don't miss the chance to own a piece of prime real estate in this vibrant and thriving city.

FOR SALE DETAILS

PRICE

$1,500,000 CAD

PRICE/SF

$231 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,237 SF

ZONING

RE

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Gary RobinsonRE/MAX Advantage Realty LTD BrokerageMore Info
226-270-6676

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Gary RobinsonRE/MAX Advantage Realty LTD BrokerageMore Info
226-270-6676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.