145 King Street, London, Ontario N6A 1C3

Listed for:
$1,699,000
0 beds
0 baths
Listed 45 days ago
145 King Street, London, Ontario N6A 1C3

View all 16 photos

Learn more about this property
Listing provided by:
ROYAL LEPAGE TRILAND REALTY
MLS® number:
X11968374
Agent:
Callista Tryon
*Indicates required field
Name is required
Email is required

About

Richmond St Located in the heart of downtown London, 143-145 King Street is a fully tenanted, mixed-use commercial property offering an exceptional investment opportunity. Zoned DA1(6)*D350, this turn-key building features one commercial unit spanning 4,500 square feet, along with eight residential units, consisting of four one-bedroom and four studio apartments. The property also includes eight parking spots at the rear of the building. Each residential unit is independently metered for hydro and equipped with its own hot water tank. With a gross annual rental income of $160,044, the property delivers a strong return on investment with significant potential for future growth. Positioned in a high-traffic area, it is ideally located near major downtown attractions such as Canada Life Place, Covent Garden Market, VIA Rail, restaurants, bars, and shopping. Situated within the Downtown Heritage Conservation District, this property seamlessly blends historical charm with modern investment potential, making it a valuable addition to any savvy investors portfolio. (id:27476)

Property Highlights

MLS® Number
X11968374
Type
Retail
Community Name
East K
Land Size
41 FT
Parking Space Total
8

Building

Square Footage
10000 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Radiant heat
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Community Spotlight: Homes For sale in Your Neighborhood