580 WATERLOO STREET new

London East (east F),ON N6B2P9

$ 1179000

- Bed

- Bath

3022 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,022 sqft

Price per Sqft $390

Subdivision East F

MLS Listing ID X12341291

Source London and St. Thomas Association of REALTORS®

Property Description

Fantastic opportunity for investors or business office with income to cover expenses. Welcome to 580 Waterloo St., a freestanding, mixed use 2 storey building, with many updates and improvements. The main and upper floors comprising of 2275 Sq Ft of office space, and 2 residential units in the basement. The upper office tenant is currently leased until May 31, 2026 and main floor office tenants are vacating December 31, 2025. An ideal situation for an investor to occupy main floor level or pick you own tenant and lease. Current financial information is based on present income and potential market rents. Office tenants pays electricity, gas and water. Residential tenants rent includes $95 toward heat, electricity and water. Some of the updates include furnaces, central airs and water heaters. Replaced rear porch. Renovated front porch. Replaced commercial outside doors (front & rear). Outside lighting, brick repointing and replacement as needed. Replaced rear eaves and downspouts. Update one basement res unit when after tenant vacated. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 10

Private Pool No

View More
Favorite Go Tour