122 CARLING STREET | LONDON, ON

FOR SALE


122 - 126 CARLING STREET | LONDON, ON

PROPERTY HIGHLIGHTS:


  • 122-126 Carling Street is perfectly situated in the ever growing downtown core of London, Ontario is being exclusively offerered For Sale via Pivotal Commercial Realty, Brokerage. 


  • Excellent investment opportunity in the heart of the thriving downtown London, ON. Charming, three storey commercial and residential building with potential upside. 


  • Building is currently ~11,000 SF. The current ground floor retailers are Marienbad Restaurant & Chaucer's Pub. Ground floor has a restaurant, pub, and atrium (banquet room). The second floor has two banquet rooms for dining. The building includes two one-bedroom apartments and one two-bedroom apartment on the upper floors.


  • Only minutes walk to Budweiser Gardens, The Grand Theatre, RBC Convention Centre and so much more. Right at the center of a thriving downtown core. Plus potential to develop to a much higher and greater density. 



  • London, ON is one of the fastest growing cities in Southern Ontario. The population is 515,000 growing at a rate of 3% per year. London’s strategic geographic advantage and the affordable family life style make it a magnet for businesses to locate here. London is also home to Western University.



LOT & BUILDING SPECIFICATIONS:


  • Lot Size: 75.42' Feet Frontage x 95.41' Feet Depth
  • Lot Area: 7,195.82 SF
  • Total Building SF: ~11,000 SF
  • Power: 600 amps, various panels
  • Steam heat, rad distribution - main floor and banquet rooms; electric baseboard heat in the three apartments.
  • A/C units in each room of the restaurant / bar / apartments / banquet rooms
  • Exhaust hood: 250cm x 95cm
  • Roof: 3rd floor shingle 10 years old, 35-year shingles; flat roofs are older with no problems. Four years ago inspection and preventive work was completed.
  • Two hydro meters; AO Smith hot water heater, owned; individual electric hot water heaters in each apartment; several fireplaces; stained glass windows; walk in coolers and freezers
  • This property is offered on a exclusive basis. Do not go direct or talk to restaurant staff. Contact Listing Agent for further information.


Asking Price: $4,900,0000


LOCATION

Google Maps

AVAILABILITY

Immediately

PDF BROCHURE

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LISTING AGENT

Len Little

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