1956 River Road, London East, ON N5W 6C2

London East N5W 6C2 Ontario

MLS: X12534004

$1,199,990

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE FLOWER CITY REALTY

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 200 X 156
  • Water:Well
  • Garage Spaces: /Other
  • Driveway:
  • Heating Fuel:
  • Cross Street:River Rd/Veteran Memorial Pkwy
  • Basement: ,
  • Possession Date:immediate
  • Annual Property taxes: $7077.11
  • Bedrooms:
  • Total Parking Spaces:40
  • Parking Places:40
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12534004

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