• Mobile: 416-574-5561
  • Office: 905-731-2000
  • Fax: 905-886-7556

$12
Available - For Rent
Listing ID: X9396621
530 Clarke Rd , Unit 1, London, N5V 2C7, Ontario


An Excellent Opportunity to lease a versatile commercial space at 530 Clarke Rd, near Argyle Mall, in the heart of East London's bustling industrial and commercial district. This high-visibility property offers fantastic street presence and was previously operated as a banquet hall, restaurant, and nightclub with a bar area, boasting a capacity of approximately 400 people across the main and second floors, Approx. 4,100sq ft. on upper level and 5,000 sq. ft on ground level. The property includes chattels available for tenant use and offers RSC5 and LI7 zoning flexibility, accommodating a wide range of businesses such as restaurants, service trades, breweries, automotive services, and other commercial ventures. Additional Rent: Estimated at $8.00 PSF. Annual base rent increment of $0.50 per sq. ft. With ample on-site parking for approximately 50-60 vehicles (parking spots at the front and sides of the building as well as the rear end marked in red), this is an ideal location for a thriving business. Additionally, approximately 1,500 sq. ft. of space is being leased separately (back space behind the kitchen area of building with yard area on the rear end). Don't miss the opportunity to secure this prime space for your business to flourish!
Price $12
Minimum Rental Term: 36
Maximum Rental Term: 60
Taxes: $27000.00
Tax Type: Annual
Occupancy by: Vacant
Address: 530 Clarke Rd , Unit 1, London, N5V 2C7, Ontario
Apt/Unit: 1
Postal Code: N5V 2C7
Province/State: Ontario
Legal Description: PART LOT 4 CONCESSION 1; DESIGNATED PART
Lot Size: 121.19 x 601.13 (Feet)
Directions/Cross Streets: Dundas to Clarke Road
Category: Multi-Use
Building Percentage: Y
Total Area: 1.67
Total Area Code:  Acres
Office/Appartment Area: 9100
Office/Appartment Area Code: Sq Ft
Industrial Area: 9100
Office/Appartment Area Code: Sq Ft
Retail Area: 9100
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Approximatly Age: 31-50
Chattels: Y
Sprinklers: N
Outside Storage: N
Rail: N
Soil Test: N
Heat Type: Elec Forced Air
Central Air Conditioning: Y
Elevator Lift: None
Water: Municipal
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
GOLD EMPIRE REALTY INC.
Personal Picture
Nazila Tavakkolinamin
Sales Representative
Dir:
416-574-5561
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Middlesex
Municipality: London
Neighbourhood: East I
Style:
Lot Size: 121.19 x 601.13(Feet)
Approximate Age: 31-50
Tax: $27,000
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map: