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339 Horton St E
15,000 SF 100% Leased Retail Building London, ON N6B 1L6 $3,898,221 USD ($260 USD/SF) 4% Cap Rate
Executive Summary
Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy. Gross income $300,000+ (with built-in future escalations), cap rate greater than 4%. Mixed-use commercial plaza with eight(8) separate units, ample on-site parking, corner location. 15,000+ square feet. Classic Victorian building is completely modernized. Includes stunning designer loft apartment. On main high-profile arterial road. Walking distance to downtown, train & bus stations on public transportation route. Many potential uses under current zoning. Book a viewing appointment today! Vendor VTB mortgage.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,000 SF
Building Class
B
Year Built
1895
Price
$3,898,221 USD
Price Per SF
$260 USD
Cap Rate
4%
NOI
$155,929 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Zoning
R8-4 AC
Walk Score ®
Very Walkable (88)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
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339 Horton St E
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