174 Main Street
Interior view
Interior view
19
For Sale87 days on Market

174 Main Street

Lucan Biddulph, ON, N0M 2J0

Community:Lucan

Asking Price

$625,000

Frontage

39.16 ft.

Lot Depth

1 ft.

Square Foot

2,255 ft.

Lot Area

Zoning

Commercial

174 Main Street, Lucan Biddulph, N0M 2J0

Property Description

Original Remarks

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 (total sqft 2255) - 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 HISTORY

174 Main Street

PROPERTY DETAILS

OccupancyStore W Apt/Office
Possession TypeFor Sale
Heating TypeElectric Forced Air
WaterMunicipal
Sewers
Retail Area2,255 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunityLucan
Hours Open
CategoryStore With Apt/Office
LLBO
Days Open
Business / BuildingLot
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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