174 Main Street, Lucan Biddulph, ON

$579,000

Previous Next

About 174 Main Street

Don't miss this great investment opportunity in the heart of the Lucan, 15 mins North of London. This mixed use commercial and residential property is located in a prime location on Richmond St./Hwy 4 with ample road and foot traffic. C1 commercial zoning with 2 commercial units on the main and 1 residential (2 bed) in the upper - all fully rented with an approximate cap rate of 8%. Unit 1 operating as a Barber Shop and unit 2 operating as a Pet Food Store. There are 6 parking spots with the property along with road parking and a public parking lot across the street. 2 heat pumps recently installed, 1 for upper, 1 for main. All new windows in the upper residential unit. Have your mortgage paid while living upstairs and renting the downstairs or simply add this entire property to your investment portfolio. Don't miss your chance to capture the energy in this vibrant growing town.

Features of 174 Main Street

MLS® # X13806238
Price $579,000
Bathrooms 0.00
Type Commercial
Sub-Type Store W Apt/Office
Status Active

Community Information

Address 174 Main Street
Area Middlesex
Subdivision Lucan
City Lucan Biddulph
Province ON
Postal Code N0M 2J0

Amenities

Garages Lane
Is Waterfront No

Interior

Heating Electric Forced Air
Cooling Yes
Fireplace No

Listing Details

OfficeRE/MAX CENTRE CITY REALTY INC.

Listing Map