
Residential Commercial Mix For Sale
$625,000
MLS® Number: X13016016
Floor Area
2,255
Residential Commercial Mix For Sale
$625,000
Floor Area
2,255
174 MAIN STREET, Lucan Biddulph (Lucan), Ontario
About This Property
Don't miss this great investment opportunity in the heart of the Lucan, 15 mins North of London. This mixed use commercial and residential property is located in a prime location on Richmond St./Hwy 4 with ample road and foot traffic. C1 commercial zoning with 2 commercial units on the main and 1 residential (2 bed) in the upper (total sqft 2255) - all fully rented with an approximate cap rate of 8%. Unit 1 operating as a Barber Shop and unit 2 operating as a Pet Food Store. There are 6 parking spots with the property along with road parking and a public parking lot across the street. 2 heat pumps recently installed, 1 for upper, 1 for main. All new windows in the upper residential unit. Have your mortgage paid while living upstairs and renting the downstairs or simply add this entire property to your investment portfolio. Don't miss your chance to capture the energy in this vibrant growing town.
Property Details
Interior Details
Appliances
Water Heater
Cooling
Fully air conditioned
Heating
Forced air, Electric
Living Area
2255 sqft
Land & Location
City Region
Lucan
Frontage Length
39.1 feet
Lot Size Dimensions
39.16 x 1 FT
Postal Code
N0M2J0
Listing & Financials
Listing Office
RE/MAX CENTRE CITY REALTY INC.
Originating System Name
London and St. Thomas Association of REALTORS®
Other Specifications
Country
Canada
Listed By
RE/MAX CENTRE CITY REALTY INC.
Mortgage Calculator
Estimated Monthly Payment
$3,070
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$3,070
Principal and interest only. Actual rates may vary.