302 Central Avenue

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Listing Description

Welcome to this 5 unit downtown building located on Central street right in the middle of everything. Just steps to Victoria park, Richmond Row, shops, restaurants, bars, schools and everything Downtown London has to offer. Short 5-10 minute walk to city hall, centennial hall, Canada Life building, transit hubs and bus stops Western University and Fanshawe College. This large building offers a great split of units with 3 -1 bedroom units and 2 - 2 bedroom units and up to 8 parking spots downtown. Hardwood floors throughout most of the spaces, beautiful original moldings , high ceilings, large windows that shower the spacious rooms with tons of sunlight. With a large lot downtown at 44 feet wide by 144 feet deep, each unit has either a outside deck area or patio space. Two 1 bedroom units are leased month to month at $850 and $950 with lots of room of upside on turn over, 3 units have been left vacant for the new owner to decide how to proceed with the building. This type of opportunity rarely becomes available with the building with this square footage and in this location. This building can become something extremely special. The right buyer here can turn this building into something extremely special and a life changing investment. Call now to see how this could be the premiere property in your portfolio, or an incredible home downtown.