1622 Dundas ST new

London East,ON N5W 3C4

$ 1600000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision East H

MLS Listing ID X12116400

Annual Tax Amount $13,687

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Introducing 1622 Dundas Street, London a rare and lucrative commercial opportunity in one of the citys most high-traffic corridors. THIS SALE INCLUDES THE LAND, THE STANDALONE COMMERCIAL BUILDING, AND THE FULLY OPERATIONAL RESTAURANT BUSINESS. The restaurant has been a local staple for over 80 years and currently produces an impressive $2.4 MILLION IN ANNUAL REVENUE VOLUME, offering immediate income potential for the right buyer. The building measures approximately 40 FT X 86 FT and sits on a prime road-facing lot with excellent exposure on Dundas Street. Zoned for a range of commercial uses, this property holds strong development potential, with preliminary discussions indicating city support for a future proposal to build up to 83 residential units with commercial space at grade. Ideal for investors, developers, or business owners seeking a strategic location in a high-demand area. Whether you choose to continue the well-established restaurant operation or redevelop the site to fit your vision, the possibilities are endless. Don't miss this chance to own a valuable piece of commercial real estate that includes everything: LAND, BUILDING, AND A THRIVING BUSINESS ALL IN ONE PACKAGE. PLEASE DO NOT GO DIRECT TO THE LOCATION WITHOUT AN APPOINTMENT. Contact us today to book your private showing and explore this incredible opportunity. **** Try and ask to lease the restaurant alone..! ***

Location

Province ON

County Middlesex

Community East H

Area Middlesex

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 116.75

Others

Security Features No

View More
Favorite Go Tour