1956 RIVER ROAD new

London East (east Q),ON N5W6C2

$ 1199990

- Bed

- Bath

30700 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 30,700 sqft

Price per Sqft $39

Subdivision East Q

MLS Listing ID X12534004

Lot Size 30429.549 Acres

Acres 30429.55

Source Toronto Regional Real Estate Board

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:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 40

Private Pool No

Building

Sewer Septic System

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