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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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
TD Canada Trust
Starbucks
The Works Craft Burgers & Beer
RBC Royal Bank
Wild Wing
Mr. Sub
Scotiabank
Moxies
Coffee Culture
  • Listing ID: 32185713

  • Date on Market: 6/19/2024

  • Last Updated:

  • Address: 122 Wharncliffe Rd S, London, ON N6J 2K3

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