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140 CLARKE Road

140 CLARKE Road

London East, ON

  • 6,649 sqft
  • Land
  • 1278 days on market
$3,200,000Price reduced 3%

Desirable location! East London with growing residential and commercial activity nearby. Great roadside easy access with huge road frontage ( lots of daily traffic ) ( main road visibility ) Near all necessary amenities like bus route , shopping , and many other businesses. Long term usage as automotive repair and sales since 1960s ( many suppliers and auto wreckers very near )Zoning for auto sales and repair amongst many other uses. Easy access to 401 (5 minutes). Large secure fenced compound. Lease to own option for $250,000. down and lease all buildings, car lots, hoists, and loaner cars for $25,000./month. Many ways to accomplish this purchase. Call to inquire.

Listing Details

Taxes (2023)
$19,832
Originally Listed
$3,300,000
Listed
March 13, 2023

Price History

Parking

Garage
Covered

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
TRAFALGAR
Zoning
RSC1, RSC3, RSC5
Parcel Number
081300026
Occupancy
Owner

Included

Inclusions
Owner will consider selling parts and equipment.

Community

Postal area N5W

Population
24,740
Private dwellings
12,388
Median age
40.4
Average household size
2.1
Median household income
$64,500

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
1,330
Median days on market
25
Sale-to-list price
97.0%

Based on 1,330 recorded sales of commercial properties in London East over the last 12 months.

Listed by

SUTTON GROUP - SELECT REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
6,649 sq ft
Price per sq ft
$481.28
Annual property tax
$19,832
Tax per sq ft
$2.98

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

R

Reita | Assistant

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Reita said:

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