122 Wharncliffe Rd S
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122 Wharncliffe Rd S
3,510 SF 100% Leased Retail Building London, ON N6J 2K3 $747,501 USD ($213 USD/SF)
Investment Highlights
- Over 35,000 Traffic count per day
- Lots of driving traffic
- Ample of parking
Executive Summary
Commercial opportunity near Wortley Village and downtown. 35000 traffic count per day, parking for 8 and opposite a busy Tim Hortons and Robert Q Airbus Terminal. Low taxes: $7311.55 (2024). 3 units total: 2 retail and one enormous 3 bedroom, 2 bath apartment. Of the retail, a thriving butcher shop and busy hair salon occupy the main level units. The salon has been beautifully renovated and had major upgrades to plumbing and electrical systems. The apartment has separate entry through the back and features a showroom kitchen and and newly renovated baths. Owner currently occupies the residential unit. Vacant possession will be assumed. Projected rents on this unit at $2400/ month. Over $100,000 spent on recent renovations.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,510 SF
Building Class
C
Year Built
1960
Price
$747,501 USD
Price Per SF
$213 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Land Acres
0.13 AC
Zoning
AC2 - Commercial
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (85)
Nearby Major Retailers
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122 Wharncliffe Rd S
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