145 King Street London, Ontario N6A 1C3
$1,699,000
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:51356)
Property Details
| MLS® Number | X11968374 |
| Property Type | Retail |
| Community Name | East K |
| Parking Space Total | 8 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Radiant Heat |
| Size Interior | 10,000 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Frontage | 41 Ft |
| Size Irregular | 41 Ft |
| Size Total Text | 41 Ft |
| Zoning Description | Da1 |
https://www.realtor.ca/real-estate/27904465/145-king-street-london-east-k
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
February 11 2025 10:18:33
London and St. Thomas Association of REALTORS®
Royal LePage Triland Realty
