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1544 DUNDAS STREET, London East (East H), Ontario

$899,000

3,139 sq ft

MLS® X14182130

Prime investment opportunity located at the corner of Dundas and First Streets. This is a free standing building with main floor consisting of 1,639 square feet which was completely re-built by the previous tenant, Salvatore Pizza and is now leased toWiNGS4Ut at $23.00 per square lease expiring on November 30, 2020. Net annual rent is $37,697.00. Lower level consisting of approximately 1,750 square feet is leased to Ruhaniyat Fashion Ltd. at $1,000.00 plus utilities on a gross basis. Net annual income for total building is $49,697.99. Cap rate of 5.6%. On site parking for appproximately10 cars. (id:56426)

MEL VETERO

Listed by RE/MAX CENTRE CITY REALTY INC

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.