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$ 1,199,990
Est. payment /mo
Active
1956 RIVER ROAD London East (east Q), ON N5W6C2
30,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 30,700 sqft
Price per Sqft $39
Subdivision East Q
MLS® Listing ID X12534004
Lot Size 30429.549 Acres
Acres 30429.55
Source Toronto Regional Real Estate Board
Property Description
The sale of 1956 River Rd under Power of Sale presents a unique and compelling value proposition. The price is strategically set at the appraised market value, eliminating the speculative risk often associated with distressed sales. Investors gain a cash-flowing, industrial asset with favorable zoning and immediate highway access in a growing urban market. For an owner-operator, this offers an opportunity to acquire a perfectly configured, highly functional industrial facility at a confirmed market price, securing a critical operational base in a stable industrial hub. This offering is ideal for the prudent buyer ready to act swiftly on a high-utility asset where the value has been definitively established. The 4,725 square foot building is divided into three functional units, offering both multi-tenant income stability and operational flexibility for a future owner-user. This design is critical for maximizing absorption and minimizing vacancy in the local market. The facility is well-equipped for automotive and industrial uses, featuring a total of five drive-in doors with clear ceiling heights ranging from 9 feet to 13 feet. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 40
Private Pool No
Building
Sewer Septic System
Listed by ROYAL LEPAGE FLOWER CITY REALTY