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22 PEGLER ST - Investors/Developers take note ... HERE IS A MONEY MAKER!! This 30,000 sq ft building (includes about 2,000 sq ft in basement) sits on over 1 acre of land with close proximity to both downtown London and Highbury/401 access. Currently Industrial LNC use for Enerzone Inc (HVAC manufacturer) and will generate yearly income of $180,000 NET NET with seller lease back up to 10 years, or also willing to vacate with ample time to relocate. With R7, 9 Zoning this property also offers fantastic development potential allowing High Density Residential, Seniors Apartments, Retirement Lodges, Nursing Home ... (call for full list). Fantastic visibility and access from high traffic Hamilton Rd as well as almost 230' on Pegler St. 2 loading height & 2 grade entry docks. 600 amp/3 phase service. Roof tar & shingle, torch down & metal. Expenses: insurance $19,000, Gas $

Property Details

  • ID: 207913
  • Status: Active
  • New Construction: No
  • Property ID: 101420473
  • Storeys: 0
  • Estimated Annual Taxes: $24,446
  • Style:
  • Parking Type Description: None 0 cars

Features

District East
Driveway In-Out
Exterior Other (see Remarks), Concrete Block
Features Area Influences Visual Exposure, Public Transit, Highway Access, High Traffic Area, Cleared, Ample Parking
Features Exterior Grade Loading, Fenced-partially, Dock Height Loading
Features Interior Board Room
Fire Protection Sprinkler - Full, Monitored Alarm System Fire Protection, Alarm System-Theft, Alarm System-Fire
Heat Primary Natural Gas
Heat Secondary Forced Air-Gas
Other Zoning - R7, 9, Inclusions - None
Property SubType Building and Land
Property Type Commercial
Subdistrict East L
Tax Year 2018
Water Supply Municipal
Listed By Monique Legault of CENTURY 21 First Canadian Corp., Brokerage*