4
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$499,000
Est. payment /mo
1,625 SqFt
Price Dropped by $50K
416 Hamilton RD London, ON N5Z 1R9
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UPDATED:
12/30/2024 02:23 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,625 sqft
Price per Sqft $307
MLS Listing ID X11892060
Annual Tax Amount $4,223
Tax Year 2024
Property Description
A well maintained and unique freehold commercial building available for purchase. The space consists of approximately 1,100sqft of a well equipped entry and large kitchen space with a back door. Basement includes an approximate additional 800sqft of storage space and two washrooms. Buyers have the opportunity to purchase the property and the currently tenanted business to maximize their revenue stream! Offering great value, being a landlord is a rewarding experience. Currently tenanted to Romano's Pizza & Wings (business is also for sale separately) with a long term lease expiring April 30th 2029, collecting $2,825 (including HST incremental increase of $100/year). Lease available upon request.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Region East F
City Region East F
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features No
Listed by RE/MAX ADVANTAGE REALTY LTD.