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345 Horton St

8,352 SF 100% Leased Office Building London, ON N6B 1L6 £3,351,748 (£401/SF) 4% Net Initial Yield

Office Space Ontario London 345 Horton St, London, ON N6B 1L6

Executive Summary

Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate greater than 4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries. Great visibility on the main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potential uses under current zoning. Book a viewing appointment today! Vendor VTB mortgage.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
8,352 SF
Building Class
C
Year Built
2003
Price
£3,351,748
Price Per SF
£401
Net Initial Yield
4%
NOI
£134,070
Percent Leased
100%
Number of Floors
1
Typical Floor Size
8,352 SF
Zoning
R8-4 AC4
Parking
16 Spaces (1.92 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
1 of 1
Walk Score ®
Very Walkable (87)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(519) 649-6900

Contact

  • Listing ID: 34211591

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 345 Horton St, London, ON N6B 1L6

The Office Property at 345 Horton St, London, ON N6B 1L6 is currently available for sale. Contact Streetcity Realty Inc. for more information.

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