176 - 178 Main Street
- Type: Commercial
- Style: Commercial
- Bedrooms: n/a "2 upper tenant apartments each have 2 beds"
- Bathrooms: n/a "2 upper tenant apartments each have bath and retaurant has 3 baths for patrons"
- Garage: Single, Attached "at back of building"
- Development Level: Built
- Lot Type: Rectangular
- Lot Size: 34.5ft x 132ft
- Taxes: $3,369.00 (2016)
- MLS ® #: 603841
Commercial building with an owner operated main floor restaurant business known as Sam's Diner and 2 residential, 2 bedroom upper apartments. Restaurant average gross sales around $23,000/month. Apartments rentals $1,050/month. Tenant in upper front apartment month to month $550/month and pays hydro & heat (electric) and landlord pays water. Tenant upper back apartment leased until April 30, 2019. $500.00/month tenant reimburses landlord for hydro, landlord pays water and heat. Recent improvements to business location include expanded dining area, new washroom facilities, updated electrical service (3 phase), some outside exterior front updates and new roof on part. Included are all restaurant business equipment and chattels. Apartment inclusions upper front fridge/stove washer/dryer; upper back fridge/stove. West Lorne is a full service community in the Lower Thames Lake Erie region southwest of the city of London near 401 Hwy. and minutes from Lake Erie's marina, parks and beaches at Port Glasgow. Don't miss out on this income earning ownership opportunity. Seller will consider holding a new first mortgage for a qualified Buyer who has a reasonable down payment. Sorry upper front apartment no photos available on request of tenant.
Information is deemed to be correct but not guaranteed.
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