174 Main Street,Lucan Biddulph, ON N0M 2J0
Lucan Biddulph, ON N0M 2J0
Description
Don't miss this great investment opportunity in the heart of the Lucan, 15 mins North of London. This mixed use commercial and residential property is located in a prime location on Richmond St./Hwy 4 with ample road and foot traffic. C1 commercial zoning with 2 commercial units on the main and 1 residential (2 bed) in the upper (total sqft 2255) - all fully rented with an approximate cap rate of 8%. Unit 1 operating as a Barber Shop and unit 2 operating as a Pet Food Store. There are 6 parking spots with the property along with road parking and a public parking lot across the street. 2 heat pumps recently installed, 1 for upper, 1 for main. All new windows in the upper residential unit. Have your mortgage paid while living upstairs and renting the downstairs or simply add this entire property to your investment portfolio. Don't miss your chance to capture the energy in this vibrant growing town.
Details
| MLS # | X13016016 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 138 |
| Listing Provided By | RE/MAX CENTRE CITY REALTY INC. | X13016016 795300 |
Features
| SQ Feet | 2,255 |
|---|---|
| Acreage | 0.05 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Major Highway, Recreation/Community Centre |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 1400 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LTS 158 & 159, PL 188 , PART 1, 2, 3 & 4 , 33R8512 , S/T & T/W 822174 ; LUCAN BIDDULPH TWP. |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Middlesex |
| City | Lucan Biddulph |
| Postal Code | N0M 2J0 |
| Area | Lucan |
| Listing VS Median (in N0M 2J0) | |
Price: $625,000 low | high Med: $352,000 sqft: 2,255 low | high Med: 1,688 $ / sqft: $277 low | high Med: $174 On site: 138 low | high Med: 100 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Middlesex |
| City | Lucan Biddulph |
| Postal Code | N0M 2J0 |
| Area | Lucan |
| Listing VS Median (in N0M 2J0) | |
Price: $625,000 low | high Med: $352,000 sqft: 2,255 low | high Med: 1,688 $ / sqft: $277 low | high Med: $174 On site: 138 low | high Med: 100 | |
