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120 Falcon Street London, Ontario N5W 4Z1

5.18 ac
Other

$5,200,000

Golden Opportunity! Income producing property with future development expansion! Fully Leased! Roughly %7.2 CAP Rate , Approximately 42,900 Sq Ft existing building on 5.18 Acres lot with 2.41 Acres excess land for future development.Existing Building is currently multi-tenanted and well-maintained.The zoning is light Industrial which allows variety of uses.( Li1, Li3 & Li17 ) Owner got building permit for additional 29000 Sq Ft ready to be built. **** EXTRAS **** Site Plan & Building permit is ready for additional 29000 Sq Ft to be built (id:27910)

Property Details

MLS® Number X8141600
Property Type Industrial

Building

Heating Fuel Natural Gas
Heating Type Other
Size Interior 5.18 Ac
Type Multi-tenant Industrial
Utility Water Municipal Water

Land

Acreage No
Size Irregular Bldg=260.65 Acre
Size Total Text Bldg=260.65 Acre