174 Main Street, Lucan Biddulph, ON N0M 2J0

Lucan Biddulph N0M 2J0 Ontario

MLS: X13016016

$625,000

Added 1 hour ago | For Sale

Listed by: RE/MAX CENTRE CITY REALTY INC.

About 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.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 39.16 X 1
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Alice, William
  • Basement: ,
  • Possession Date:30-60
  • Annual Property taxes: $1400
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X13016016

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