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69/71 LONDON ROAD
Description
Exceptional mixed-use investment opportunity in the heart of Thamesville! This prominent commercial property features two ground-floor retail units and a one-bedroom residential apartment on the upper level, offering an excellent combination of income potential and future flexibility. Both commercial units are currently leased; however, one retail unit will be vacant upon closing, creating an ideal opportunity for an owner-occupier or to secure a new tenant or the Seller is willing to lease back. Situated on 0.173 acres with approximately 6,837 sq. ft. of combined retail and residential space (as per GEO), this property is zoned UC (Central Business District), permitting a wide range of commercial uses. The spacious, open-concept retail areas offer excellent exposure and are well suited for retail, professional offices, service businesses, and many other permitted uses. Ideally located on the main street of Thamesville, this high-visibility property benefits from strong vehicle traffic, steady pedestrian activity, ample street parking at the front, and additional parking at the rear of the building. The upper-level one-bedroom apartment offers an excellent opportunity for a business owner to live on-site or generate additional rental income and is ready for your personal touch, as it requires TLC. Whether you're an investor seeking a solid mixed-use income property or an entrepreneur looking to establish your business while building equity, this property offers exceptional value, flexibility, and unlimited potential in a prime downtown location. (id:50861)
Property details
- Property type
- Industrial
- Building type
- House
- Living area
- 6,837 sq ft
- Lot size
- 70.86 X IRR / 0.16 AC
- Year built
- 1936
- Annual taxes
- $4,417
- Heating
- Forced air, Natural gas
- Cooling
- Air Conditioned
- MLS® number
- 26016885
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Location
Listed by: RE/MAX PREFERRED REALTY LTD.. Data provided via CREA’s DDF® and deemed reliable but not guaranteed. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.