295 Wolfe Street, London East (East F), Ontario N6B 2C4 (28885583)


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295 Wolfe Street London East, Ontario N6B 2C4

6691 sqft
Fully Air Conditioned Forced Air

$1,890,000

Rare opportunity to acquire a solid masonry three story mixed use office residential building built in 1987 across from Victoria Park. Building consists of three commercial units and three residential units. Total square footage of 6,691. Current net operating income of $121,775.00 offering a 6.4% cap rate. Very suitable for owner occupied and an excellent investment opportunity. Onsite parking for 16 vehicles. Building in top condition with high end finishes. Many recent improvements-three residential units added around 10 years ago, 2nd floor HVAC units new in 2016, and Apt#3 in 2018, new HVAC for suite 1 in August 2022 and new HVAC for Apt. 1 in July 2022. Copy of rent roll, a recently completed Phase One ESA, floor plans and Fire Inspection Letter available upon request. (id:60297)

Business

BusinessType Other
BusinessSubType Professional office(s)

Property Details

MLS® Number X12414039
Property Type Office
Community Name East F
EquipmentType Water Heater
RentalEquipmentType Water Heater

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 6691 Sqft
Type Offices
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 157 Ft
SizeFrontage 50 Ft
SizeIrregular 50 X 157 Ft
SizeTotalText 50 X 157 Ft
ZoningDescription Of, R3-1(6)

https://www.realtor.ca/real-estate/28885583/295-wolfe-street-london-east-east-f-east-f

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Mel Vetero
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RE/MAX Centre City Realty Inc.

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