3505 Morgan Avenue, London | Image 1

3505 Morgan Avenue

London, South W

  • Commercial

$2,850,000
For Sale

Added 1 week ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: RSC-RSC3(18), RS

  • Age: No Data

  • Taxes: 17500

  • MLS®#: X8262844

  • Days on Site: 6 Days

  • Added: Apr 23, 2024 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: COLDWELL BANKER REALTY IN MOTION

The site plan approved* for a retail plaza and a standalone drive-through building covering 16,000sqf. This versatile space suits businesses such as clinics, Pharmacies, Dentists, accountants, and lawyers. The approved site plan includes a two-story retail building with office space. Strategically positioned at the intersection of Morgan Avenue & Wharncliffe Road South, this location offers prime visibility and accessibility, with a daily traffic flow of 30,000 vehicles along Wharncliffe Road South. Situated near a high-growth area in south London, with a population of 108,000 within a 5 km radius expected to rise to 120,000 by 2028, the potential for growth and profitability is evident. This space is ideal for medical/dental offices and various office and retail uses. The drive-through component adds further value by inviting franchisees & Franchisers to be part of the location

Extras

covering 16,000 sqft. Versatile space suitable for beauty salons, clinics, accountants, lawyers, and more.Plus ,it frautures a unique drive-through design.

Property

  • Status: Sale

  • Property Type: Land

  • Property Type: Designated

  • Area: London

  • Community: South W

  • Availability Date: Flex

  • Assessment Year: 2023

Utilities

  • Utilities: No

Building

  • Freestanding: Y

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: BLOCK 6, PLAN 33M661 SUBJECT TO AN EASEMENT AS IN ER620063 SUBJE

  • Taxes: $17,500

  • Taxes Type: Annual

Land

  • Cross Street: Wharncliffe Rd.S. &M

  • Municipality District: London

  • Parcel Number: 082092005

  • Sewer: None

  • Lot Depth: 44.11 Acres

  • Lot Frontage: 696.78 Acres

  • Zoning: RSC-RSC3(18), RS

Commercial Specific

  • Total Area: 1.46

  • Total Area Metric: Acres

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Survey: N

  • Financial Statement: N

Map of 3505 Morgan Avenue, London
JK-8

St Jude Separate School

Elementary: Catholic
2.27 km
JK-8

Arthur Ford Public School

Elementary: Public
2.66 km
JK-8

W Sherwood Fox Public School

Elementary: Public
2.52 km
JK-8

Sir Isaac Brock Public School

Elementary: Public
1.86 km
JK-8

Jean Vanier Separate School

Elementary: Catholic
2.56 km
JK-8

Westmount Public School

Elementary: Public
2.44 km
9-12

Westminster Secondary School

Secondary: Public
3.33 km
9-12

London South Collegiate Institute

Secondary: Public
5.08 km
9-12

London Central Secondary School

Secondary: Public
7.02 km
9-12

Oakridge Secondary School

Secondary: Public
6.30 km
9-12

Catholic Central High School

Secondary: Catholic
7.02 km
9-12

Saunders Secondary School

Secondary: Public
2.47 km
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