London East, ON N5W 6C2,1956 River RD
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$ 1,199,990
Est. payment | /mo

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$ 1,199,990
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision East Q

MLS Listing ID X12534004

Annual Tax Amount $7,077

Tax Year 2024

Property Sub-Type Commercial Retail

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.

Location

Province ON

County Middlesex

Community East Q

Area Middlesex

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 200.0

Lot Depth 156.0

Others

Security Features No

ParcelsYN No

Listed by ROYAL LEPAGE FLOWER CITY REALTY
Manasseh Edward-Etafo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(905) 391-4021

info@manassehhomes.ca

314 Harwood Ave S, Ajax, ON, L1S 2J1, CAN

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1956 River RD