1956 River RD new Save Request In-Person Tour Request Virtual Tour
London East,ON N5W 6C2
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision East Q
MLS Listing ID X12534004
Annual Tax Amount $7,077
Tax Year 2024
Property Sub-Type Commercial Retail
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.
Location
Province ON
County Middlesex
Community East Q
Area Middlesex
Interior
Cooling Yes
Exterior
Community Features Major Highway,Public Transit
Utilities Available Yes