204-206 Dundas Street, London East

204-206 Dundas Street is a beautiful historic building in the heart of downtown London, offering convenient access to transit, restaurants, shops and surrounding amenities. The property benefits from flexible DA1 zoning, permitting a wide range of uses including retail, offices, restaurants, medical/dental, apartment buildings, commercial recreation and more. The building is currently occupied by a long-term tenant on a 20-year lease with multiple 10-year renewal options. Structured as a net lease, the property offers a hands-off investment opportunity with long-term income potential in a prominent downtown location. Current NOI of $188,206.20 (id:1945)