For Sale

416 Hamilton Road, London, Ontario N5Z1R9

$499,000

416 Hamilton Road, London, Ontario N5Z1R9 is For Sale and has a listing price of 499,000. The property is located in the Hamilton Road neighbourhood. It's been on the website for 32 Days.

  • Retail
    Property Type
  • MLS ID: X11892060
  • Office Name RE/MAX ADVANTAGE REALTY LTD.,RE/MAX ADVANTAGE REAL
Property Description

A well maintained and unique freehold commercial building available for purchase. The space consists of approximately 1,100sqft of a well equipped entry and large kitchen space with a back door. Basement includes an approximate additional 800sqft of storage space and two washrooms. Buyers have the opportunity to purchase the property and the currently tenanted business to maximize their revenue stream! Offering great value, being a landlord is a rewarding experience. Currently tenanted to Romano’s Pizza & Wings (business is also for sale separately) with a long term lease expiring April 30th 2029, collecting $2,825 (including HST incremental increase of $100/year). Lease available upon request. **** EXTRAS **** Please call listing agents to book showings. (id:43137)

Property Details
  • MLS ID: X11892060
  • Price: $499,000
  • Transaction Types: For Sale
  • Ref ID: 27736116
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
12/13/2024 X11892060 $499,000 For Sale - -
01/10/2024 X8284954 $599,000 For Sale - -
01/10/2024 40527632 $599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton Road
  • $552,835 Average List Price
    based on 1 year
  • 25 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.09 % Up
  • Sold (12mo) 148
  • Rented (12mo) 19

  • 1 Month Change +9.3%
  • 3 Month Change +2.4%
  • 6 Month Change -3.1%
Walkscore
Property Type Distribution
  • All Houses
    84.48%
  • Commercial
    9.11%
  • Condo
    5.79%
  • Land for Sale
    0.62%
Additional Details
  • Sewers Septic System
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/12/2024 00:00:00
  • Zoning Rm (u4*2)
  • Agent Name: SAMAR ALBAYOUMI,IBRAHIM ALBAYOUMI
  • Last Updated: 30/12/2024 15:20:12
Open House Dates
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