1956 RIVER ROAD, London East (East Q), Ontario, N5W6C2

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. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: None
• Living Area: 30,700 sq ft (2,852.1 m²)
• Parking: 40 spaces (Other)
• Lot Size: 30429.5500 acres (12314.41 ha)
• Frontage: 200 ft (61 m)

Costs

• Annual Taxes: $7,077.11

Listing Provided by: ROYAL LEPAGE FLOWER CITY REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.