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Home ON Greater London London Argyle
1600 DUNDAS STREET
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1600 DUNDAS STREET $2,999,000
19 hours ago
$2,999,000
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1600 DUNDAS STREET
London East (East H), Ontario N5W3C2

MLS® Number: X12132867

Listing Description

Triple Net Lease in place until December 2029 with 2 x 5yr tenant options. Tenant is responsible for all maintenance and repairs, including capital & structural repairs upgrades. The building is 6,171 sqft, with 50 parking stalls on .7 of an acre with a full loading dock. This is a care free lease and as hands off as it gets for a for the landlord. Convenient location in the Argyle neighborhood taking up a large stretch of 247' frontage from side street to side street. Located on on busy Dundas St. just 2km away from Fanshaw College. New roof installed in 2024, Stucco exterior completed in 2020. Being offered at 5.25% cap. (40411931)

Location Description

Dundas & Second St.

Property Summary

Property Type
Retail
Community Name
East H
Land Size
247.99 x 123.73 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$18,034
Total Parking Spaces
50
Time on REALTOR.ca
19 hours

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)
Parking
Total Parking Spaces
50

Measurements

Square Footage
30698 sqft

Land

Lot Features
Frontage
247 ft ,11 in
Land Depth
123 ft ,8 in
Other Property Information
Zoning Description
ASA -Associated Shopping Area Commercial
Data provided by: Niagara Association of REALTORS® 116 Niagara Street, St. Catharines, Ontario L2R 4L4
Adam Dearborn