$1,199,990
1956 River Road, London East, ON N5W 6C2
East Q, London East,
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TRREB.
The sale of 1956 River Rd under Power of Sale presents a unique and compelling value proposition. The price is strategically set at the appraised market value, eliminating the speculative risk often associated with distressed sales. Investors gain a cash-flowing, industrial asset with favorable zoning and immediate highway access in a growing urban market. For an owner-operator, this offers an opportunity to acquire a perfectly configured, highly functional industrial facility at a confirmed market price, securing a critical operational base in a stable industrial hub. This offering is ideal for the prudent buyer ready to act swiftly on a high-utility asset where the value has been definitively established. The 4,725 square foot building is divided into three functional units, offering both multi-tenant income stability and operational flexibility for a future owner-user. This design is critical for maximizing absorption and minimizing vacancy in the local market. The facility is well-equipped for automotive and industrial uses, featuring a total of five drive-in doors with clear ceiling heights ranging from 9 feet to 13 feet.
- HoldoverDays: 120
- Property Type: Commercial
- Property Sub Type: Commercial Retail
- GarageType: Other
- Directions: River Rd/Veteran Memorial Pkwy
- Tax Year: 2024
- ParkingSpaces: 40
- Cooling: Yes
- HeatType: Gas Forced Air Open
- Sewer: Septic
- Building Area Total: 30700
- Building Area Units: Acres
- Parcel Number: 081320069
- LotSizeUnits: Feet
- LotDepth: 156
- LotWidth: 200
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