332 York Street, London | Image 1

332 York Street

London

  • Commercial

$249,000
For Sale

Added 4 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Automotive Related

  • Zoning: Business Commerc

  • Age: No Data

  • MLS®#: X7358188

  • Days on Site: 113 Days

  • Added: Dec 15, 2023 (4 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE SIGNATURE REALTY

Arrow Auto offers a comprehensive range of services, including car repair, maintenance, detailing, and sales, all conveniently available in downtown London, ON. Situated at the prime intersection of York Street, it stands as a lucrative one-stop destination for automotive needs.. Tons of signage and excellent visibility with a private parking lot of 15 plus adjacent lots all around. This is a premium location with all of downtown within just minutes and on the main route into town from Highway 401 and the south of London. Featuring three bays equipped with two hoists, a dedicated detailing bay, and a welcoming office and waiting area complete with a retail section, this 3,500 square foot space offers an appealing lease rate. Whether you opt to retain the existing branding or introduce your own concept, this opportunity is perfect for an engaged operator.

Extras

Very attractive lease rate of $2,950 Gross Rent including TMI with 5 + 5 years remaining for a 3,500 sq ft layout. Available with the branding or rename to your own concept. Ideal for a hands on operator. Please do not go direct.

Property

  • Status: Sale

  • Type: Automotive Related

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: London

  • Availability Date: TBD

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: N

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Volts: 200

  • Amps: 600

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 15

Fees

  • Tax Year: 2022

  • Tax Legal Description: PT LT 5 , N/E YORK STREET , AS IN 546137 ; LONDON

  • Taxes Type: T.M.I.

Land

  • Cross Street: York And Wellington

  • Municipality District: London

  • Sewer: San Avail

  • Lot Depth: 82.5 Feet

  • Lot Frontage: 72 Feet

  • Zoning: Business Commerc

Commercial Specific

  • Number of Employees: 2

  • Rail: N

  • Sprinklers: N

  • Total Area: 3500

  • Total Area Metric: Sq Ft

  • Hours Open: 9-5

  • Days Open: 5

  • Franchise: N

  • Tangible Property Included: Y

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

  • Business/Building Name: Arrow Auto

  • Financial Statement: N

  • LLBO: N

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