Small medical building for sale at the corner of Cheapside and Adelaide. First time offered for sale. Neighboring property at 909 Adelaide also available for purchase. Zoning permits Medical/Dental, Medical/Dental Laboratories, Clinic and Offices. 5.90% Capitalization Rate on proforma income with 2 vacancies rented at market rents. Unit 206 (703 SF) and Unit 200 (299 SF) currently available for lease or owner/ users. Tenant all on Net Leases. Confidentiality Agreement to be completed for access to additional financial details. Taxes to be assessed. Offers Not Considered Until September 24, 2024
Property Features
- Date Listed: Friday, September 06, 2024
- City: London
- Neighborhood: East B
- Major Intersection: SW Corner Cheapside & Adelaide
- Full Address: 1001 Adelaide Street N, London, N5Y 2M6, Canada, Ontario, Canada
- Listing Brokerage: Cbre Limited - Disclaimer: The information contained in this listing has not been verified by Cbre Limited and should be verified by the buyer.
