view of commercial property with uncovered parking Features: parking lot, commercial view

More Photos More Photos

view of commercial location Features: commercial view

kitchen with electric range, extractor fan, freestanding refrigerator, light wood-style flooring, and a ceiling fan Features: range hood, toaster, drywall, backsplash, white cabinets, stone countertops, refrigerator, wood finish floor, range oven, open shelves, microwave, ceiling fan

dining area featuring a ceiling fan, light wood-style flooring, and a wall mounted mini split Features: wood finish floor, dishwasher, wood wall, wall mounted ac, vent, natural light, baseboards wall, ceiling fan

half bath with vanity and dark wood-type flooring Features: mirror, wood finish floor, half bathroom, drywall, vanity, toilet

bathroom featuring vanity and a shower with shower curtain Features: mirror, drywall, full bathroom, shower, vanity, sink

bedroom featuring carpet flooring and wood walls Features: carpet, wood wall, tv

bedroom with a decorative wall Features: paneling wall, carpet

bedroom with light colored carpet Features: wood wall, natural light, carpet

bathroom with vanity and toilet Features: toilet, drywall, vent, sink, half bathroom, vanity, mirror, baseboards wall

miscellaneous room with light wood-style flooring and baseboards Features: security camera, wall mounted ac, indoor bar, tv, baseboards wall, drywall, wood finish floor

bathroom with vanity and toilet Features: baseboards wall, half bathroom, sink, drywall, toilet, vanity

misc room with recessed lighting and a mini split for heating / cooling Features: wall mounted ac

interior space featuring high quality fridge, light wood-style floors, plenty of natural light, and recessed lighting Features: medium brown cabinets, natural light, drywall, refrigerator, wood finish floor, baseboards wall, countertops, recessed lighting

half bath featuring brick wall, vanity, and wood finished floors Features: toilet, half bathroom, wood finish floor, vanity, sink, mirror, brick wall

view of storage area Features: electric panel

garage with metal wall Features: garage, metal wall, window mounted ac, fire extinguisher

doorway to property Features: vertical siding, commercial view

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For Sale - 174 Main Street, Lucan Biddulph, Ontario

174 Main Street

Lucan Biddulph , Ontario

$625,000

Est payment $3,001/mo

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Time on Jump 146 day

AI Summary *

Great mixed-use property with commercial and residential spaces fully rented.
Prime location with high road and foot traffic on Richmond St./Hwy 4.
Two commercial units include a barber shop and a pet food store.
6 parking spots available plus public parking across the street.
New heat pumps and windows enhance energy efficiency and comfort.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 31,250 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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 (total sqft 2255) - 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.

Listing IDX13016016

Address174 Main Street

CityLucan Biddulph, Ontario

Price$625,000

StyleStore W Apt/Office

TypeIndustrial/Commercial

StatusFor Sale

Extras

Subtype Store W Apt/OfficeCommunity Features Major Highway, Recreation/Community CentreBasement 1Heating / Cooling Electric Forced Air

Market Info

Listing Agency:
RE/MAX CENTRE CITY REALTY INC.

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Listing Agency:
RE/MAX CENTRE CITY REALTY INC.

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For Sale - 174 Main Street, Lucan Biddulph, Ontario

AI Summary *

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Property Info

Extras

Market Info

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