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339 HORTON Street

339 HORTON Street

London East, ON

  • 15,000 sqft
  • Commercial Retail
  • 652 days on market
$5,595,000

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 >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.

Listing Details

Taxes (2023)
$12,222
Listed
November 22, 2024

Price History

Parking

Garage
Outside/Surface

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
WATERLOO AND HORTON
Zoning
R8-4 AC
Parcel Number
083190105
Occupancy
Tenant

Commercial

Business Type
Retail Store Related

Included

Rental Items
Rental Water Heaters

Community

Postal area N6B

Population
11,101
Private dwellings
7,181
Median age
38
Average household size
1.6
Median household income
$49,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in London East · last 12 months

Median sold price
$462,500
Homes sold
1,325
Median days on market
24
Sale-to-list price
97.0%

Based on 1,325 recorded sales of commercial properties in London East over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
15,000 sq ft
Price per sq ft
$373.00
Annual property tax
$12,222
Tax per sq ft
$0.81

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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