137 Wellington Street, London | Image 1

137 Wellington Street

London, East K

  • Commercial

$425,000
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Hospitality/Food Related

  • Zoning: BDC(6)/NF1

  • Age: 51-99 years

  • Taxes: 2153.7

  • MLS®#: X8171048

  • Days on Site: 13 Days

  • Added: Mar 25, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: THRIVE REALTY GROUP INC.

Step into an exceptional opportunity with this mixed-use building, blending residential comfort with commercial potential. Nestled in a prime location, this property boasts a tenanted one-bedroom apartment ($1,400 inclusive) alongside a vacant commercial takeout restaurant space. Positioned strategically with eye-catching signage, the commercial area is equipped with essentials like a commercial exhaust hood and grease trap, ready for your business vision. Whether you're revitalizing the culinary scene or exploring new concepts, the options are limitless. With on-site parking and easy access via a dedicated driveway, convenience is key for both customers and residents. Embrace the chance for owner-occupancy or capitalize on rental income, all while enjoying the appeal of low taxes. This property is a golden opportunity for savvy entrepreneurs seeking a transformative venture.

Property

  • Status: Sale

  • Type: Hospitality/Food Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 51-99

  • Area: London

  • Community: East K

  • Availability Date: Flex

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 1 , N/W HILL STREET , AS IN 715560: T/W 7155

  • Taxes: $2,154

  • Taxes Type: Annual

Land

  • Cross Street: Grey Street

  • Municipality District: London

  • Parcel Number: 083280079

  • Sewer: Sanitary

  • Lot Depth: 120 Feet

  • Lot Frontage: 20 Feet

  • Zoning: BDC(6)/NF1

Additional Media

  • Virtual Tour: http://tours.clubtours.ca/vtnb/345402

Commercial Specific

  • Rail: N

  • Retail Area: 513

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 972

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Lot Code: Lot

JK-8

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