1487 Dundas St - Storefront Retail/Residential FOR SALE


London, ON N5W 3C1
$999,000 CAD
519-433-4331
1487 Dundas St, London, ON for Sale
$999,000 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

1487 Dundas St
London, ON N5W 3C1


HIGHLIGHTS

  • Property has a fully self-contained apartment that is currently rented as an Airbnb.
  • Basement included

OVERVIEW

Fantastic opportunity to own the building, land and a well established restaurant! As a bonus, there is a fully self-contained apartment that is currently rented as an Airbnb but it could be rented as commercial office space. The Casa Blanca has operated for 12 years and is a fully licensed, eat-in/take-out restaurant. Casa Blanca has a large volume of sales and overwhelmingly positive reviews on Tripadvisor etc. The restaurant has achieved its success by only opening 5 days a week. This is an opportunity to own a turnkey business or bring the business to the next level, building equity and wealth. It includes over 150K in equipment, chattels, and fixtures, seating for 28 people inside, a concrete patio and plenty of parking. Also, note that the oversize main floor and basement could allow for a second restaurant. Financial statements and a list of chattels are available upon request. Located in one of the most important and high traffic arteries of London. This is an area of major development. The potential of this property is endless. Request your private showing before it is sold!

FOR SALE DETAILS

PRICE

$999,000 CAD

PRICE/SF

$289 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

CSA6

APN/PARCEL ID

393604005000100

ASK ABOUT THIS PROPERTY

Angel Castelvi LlanesSutton Group Select Realty BrokerageMore Info
519-433-4331

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Angel Castelvi LlanesSutton Group Select Realty BrokerageMore Info
519-433-4331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.