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. (id:60365)
| BusinessType | Automobile |
| BusinessSubType | Automotive |
| MLS® Number | X12534004 |
| Property Type | Retail |
| Community Name | East Q |
| AmenitiesNearBy | Highway, Public Transit |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 40 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 30700 Ac |
| Acreage | Yes |
| LandAmenities | Highway, Public Transit |
| Sewer | Septic System |
| SizeDepth | 156 Ft |
| SizeFrontage | 200 Ft |
| SizeIrregular | 30429.55 |
| SizeTotal | 30429.55 Ac |
| SizeTotalText | 30429.55 Ac |
| ZoningDescription | Gi 1 |
https://www.realtor.ca/real-estate/29092314/1956-river-road-london-east-east-q-east-q
Harpal Singh Bhalla
Salesperson