For Sale - 174 Main Street, Lucan Biddulph, Ontario

Est payment $2,780/mo
Views   5
Time on Jump  49 day
  • Great investment opportunity in a prime location with high traffic exposure.
  • Mixed-use property featuring two commercial units and a residential unit.
  • All units currently rented, offering a solid cap rate of 8%.
  • Six parking spots available plus additional public parking across the street.
  • Recent updates include new heat pumps and windows in the residential unit.



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.
Listing IDX13806238
Address174 Main Street
CityLucan Biddulph, Ontario
Price$579,000
StyleStore W Apt/Office
TypeIndustrial/Commercial
StatusFor Sale
Subtype Store W Apt/OfficeCommunity Features Major HighwayBasement 1Heating / Cooling Electric Forced Air
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Listing Brokerage: RE/MAX CENTRE CITY REALTY INC.

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174 Main Street
Lucan Biddulph , Ontario
$579,000
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