174 Main Street
Lucan Biddulph, N0M 2J0
FOR SALE
$625,000

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Store W Apt/Office
CATEGORY1,125 Sq Ft
OFFICE/APT AREAX13016016
MLSIDContact Us
Property Description
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.
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Property Details
Address
174 Main Street
Community
City
Postal Code
N0M 2J0
Property Type
Store W Apt/Office, Store W Apt/Office
Use
Store With Apt/Office
Zoning
C1
Lot Size
39' x 1'
Office Area
1,125 Sq Ft
Retail Area
1,125 Sq Ft
Taxes
$1,400 (2025
Heat Type
Electric Forced Air
Water
Municipal
Garage Type
None
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Listing contracted with Re/Max Centre City Realty Inc.
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