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For Sale

174 Main Street, Lucan Biddulph, ON N0M 2J0

$579,000

  • Store W Apt/Office
  • MLS® X13806238

Listing Brokerage: RE/MAX CENTRE CITY REALTY INC.

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 - 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.

Property details

MLS® number
X13806238
Transaction
For Sale
Property type
Commercial
Style / use
Store W Apt/Office
Community
Lucan
City
Lucan Biddulph
Building area
2255 Square Feet
Lot width
39.16 Feet
Lot depth
1 Feet
Approximate age
100+
Heating
Electric Forced Air
Cooling
Yes
Garage
Lane
Taxes
$1,400.00
Tax year
2025
Office area
2255
Retail area
2255
Listing brokerage
RE/MAX CENTRE CITY REALTY INC.

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