174 Main Street, Lucan Biddulph (Lucan), Ontario N0M2J0

Listing courtesy of RE/MAX CENTRE CITY REALTY INC..

$625,000
2,255
SqFt

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List Price
$625,000
Status
ACTIVE
Days on Market
145
MLS® #
LondonandStThomasAssociationofREALTORS-X13016016
Living Area
2,255
Subdivision
Lucan
Neighborhood
Lucan
MLS Area Major
Lucan

Property Description

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. (id:5764)

Additional Information

Taxes
$1,400
Community Features
Lucan
Appliances
Water Heater
Heating
Forced air
Air Conditioning
Fully air conditioned

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Calculator source: Real Geeks