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All inquiries should be directed to the owner, Doug Good, 505-269-6312. Legal Desc. cont'd - Pt Lt 66 Designated Pts 1&2; 33R601 London. Contact listing agent for details on heating and cooling; parking; and types of leases. The Seller owns the main floor and 2nd floor commercial component of a larger condominium commercial / residential building at the corner of Springbank Park in Byron, London, Ont. The condo corporation and the owner of the commercial component recently spent approx. 430,000 dollars on capital improvements to the commercial component. Potential Net income 253,613 dollars. Contact the listing agent for full details. All offers and showings arranged through the listing agent at the Seller's request.
The building is a condominium and is located on the corner of the popular Springbank Park in London. It consists of 45 residential units above the 2 floors of retail/office. The Seller is selling the main floor retail and 2nd floor office units as a package. The Seller owns all of the units on these 2 floors and rents them out. In recent years there has been over $400,000 spent on capital improvements. The asking price is $1,750,000 on actual annual net income of approximately $155,083.