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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: DA1
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Age: 100+ years
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Taxes: 10352
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MLS®#: X10418000
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Days on Site: 3 Days
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Added: Nov 08, 2024 (1 month ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: CBRE LIMITED
Well located Downton street front property on the south side of Dundas Street between Clarence & Wellington. Property fronts onto Dundas Place, home to concerts, pop-up markets, cultural events, food & art festivals. Building has 1,850 SF retail/restaurant on the main floor and 1,008 SF on 2nd floor consisting of 2 units: a bachelor apartment and 450 SF open area/office. Main floor is leased to a Vietnamese take-out restaurant @ $2,495 per month plus HST + 70% of hydro/water and 50% of heat from may 1, 2023 until April 20, 2028 with 1 x 5 year renewal. Located next door to CHE Restaurant and 3 doors from Grace Restaurant. Apartment occupied at $1,000 per month gross. Open area/ office vacant and could be leased as a 2nd bachelor apartment if kitchen facility added.
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Age: 100+
Area: London
Community: East K
Availability Date: subject to POS
Inside
Bathrooms: 3
Air Conditioning: Part
Washrooms: 3
Utilities
Utilities: Yes
Building
Basement: N
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 5, S/W DUNDAS STREET, PART 3, 33R6979, T/W IN 460900; LOND
Taxes: $10,352
Taxes Type: Annual
Land
Cross Street: 3rd property east of
Municipality District: London
Sewer: San+Storm
Lot Depth: 100.25 Feet
Lot Frontage: 18.5 Feet
Zoning: DA1
Shipping Doors
Clearing Height (ft): 10
Commercial Specific
Rail: N
Retail Area: 1850
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 2858
Total Area Metric: Sq Ft
Office Size: 1008
Office Size Metric: Sq Ft
Area Influence: Public Transit
Crane: N
Lot Code: Lot
Survey: N
Financial Statement: N
Aberdeen Public School
Elementary: PublicSt Georges Public School
Elementary: PublicSt Martin
Elementary: CatholicTecumseh Public School
Elementary: PublicSt. John French Immersion School
Elementary: CatholicLord Roberts Public School
Elementary: PublicG A Wheable Secondary School
Secondary: PublicB Davison Secondary School Secondary School
Secondary: PublicLondon South Collegiate Institute
Secondary: PublicLondon Central Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public
