ON > London
London, ON N5Y 2M6,1001 Adelaide ST N
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London, ON N5Y 2M6,1001 Adelaide ST N
London, ON N5Y 2M6,1001 Adelaide ST N
London, ON N5Y 2M6,1001 Adelaide ST N
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,559,000
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1001 Adelaide ST N London, ON N5Y 2M6

7,810 SqFt

UPDATED:

11/14/2024 01:33 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 7,810 sqft

Price per Sqft $199

MLS Listing ID X9308392

Tax Year 2024

Property Description

Small medical building for sale at the corner of Cheapside and Adelaide. First time offered for sale. Neighboring property at 909 Adelaide also available for purchase. Zoning permits Medical/Dental, Medical/Dental Laboratories, Clinic and Offices. 5.90% Capitalization Rate on proforma income with 2 vacancies rented at market rents. Unit 206 (703 SF) and Unit 200 (299 SF) currently available for lease or owner/ users. Tenant all on Net Leases. Confidentiality Agreement to be completed for access to additional financial details. Taxes to be assessed.

Location

Province ON

County Middlesex

Zoning RO2

Interior

Cooling Yes

Exterior

Utilities Available Yes

Others

Security Features No

Listed by CBRE LIMITED
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1001 Adelaide ST N

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