$ 12
530 Clarke RD #1 London, ON N5V 2C7
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 12
Est. payment /mo
Active
530 Clarke RD #1 London, ON N5V 2C7
1 SqFt
UPDATED:
10/15/2024 07:30 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $12
MLS Listing ID X9396621
Annual Tax Amount $27,000
Tax Year 2024
Property Description
An Excellent Opportunity to lease a versatile commercial space at 530 Clarke Rd, near Argyle Mall, in the heart of East London's bustling industrial and commercial district. This high-visibility property offers fantastic street presence and was previously operated as a banquet hall, restaurant, and nightclub with a bar area, boasting a capacity of approximately 400 people across the main and second floors, Approx. 4,100sq ft. on upper level and 5,000 sq. ft on ground level. The property includes chattels available for tenant use and offers RSC5 and LI7 zoning flexibility, accommodating a wide range of businesses such as restaurants, service trades, breweries, automotive services, and other commercial ventures. Additional Rent: Estimated at $8.00 PSF. Annual base rent increment of $0.50 per sq. ft. With ample on-site parking for approximately 50-60 vehicles (parking spots at the front and sides of the building as well as the rear end marked in red), this is an ideal location for a thriving business. Additionally, approximately 1,500 sq. ft. of space is being leased separately (back space behind the kitchen area of building with yard area on the rear end). Don't miss the opportunity to secure this prime space for your business to flourish!
Location
State ON
County Middlesex
Community Public Transit
Area East I
Interior
Cooling Yes
Exterior
Garage Spaces 50.0
Community Features Public Transit
Utilities Available Available
Parking Type Outside/Surface
Others
Security Features No
Listed by GOLD EMPIRE REALTY INC.