24 South Main Street is an Commercial Retail Storefront in the heart of Downtown London, which has begun its transformation with hundreds of thousands of dollars being invested in the Downtown Core. This building would make an excellent owner-user or investment property with a Pro Form Cap Rate of 7+%. Highlights include: -Hardwood floors throughout. -Located in the Historic District of downtown London in proximity to significant redevelopment including renovated apartments and new storefronts. -Lots of natural lights via skylights and large storefront windows. -Abundant street parking. -Roof and furnace have been replaced in the last 10 years. The entire property was gutted and renovated in 2012. -The space is equipped with ceiling fans throughout, a sound system, and security
MLS# | 224042618 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1920 |
Days On Site | 137 |
Listing Provided By | The Westwood Real Estate Co. | Douglas D Smith |
SQ Feet | 3,089 |
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Acreage | 0.07 |
State | OH |
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County | Madison |
City | London |
Zip Code | 43140 |
Listing VS Median (in 43140) | |
Price: $385,000 low | high Med: $324,950 SqFt: 3,089 low | high Med: 1,583 $ / SqFt: $125 low | high Med: $205 On site: 137 low | high Med: 27.000000 |