30 & 40 Durrow Street, London, ON N6E 3T7

$1,699,999

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Property Description

Excellent Investment Opportunity - Income-Generating Truck Yard Rare opportunity to acquire two lots totaling approximately 1.66 acres (0.83 acres each), featuring a fully fenced and gated truck and trailer yard with a gravel-covered surface. The yard accommodates approximately 40-45 trucks and trailers.The property is currently generating approximately $9,000-$10,000 per month in rental income. Approximately $200,000-$300,000 has been invested in site improvements, including fencing, gates, and yard preparation. Phase I and Phase II Environmental Site Assessment reports areavailable. The property's zoning also permits a truck repair facility, offering future development and business expansion potential, subject to applicable municipal approvals. Ideal for investors, fleet operators, and trucking companies seeking immediate rental income with long-term potential.

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Listing courtesy of COLDWELL BANKER G19 REALTY.