440-442 Hamilton Road, London | Image 1

440-442 Hamilton Road

London, East L

  • Commercial

$599,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: AC4X AC

  • Age: No Data

  • Taxes: 5878.76

  • MLS®#: X8282792

  • Days on Site: 50 Days

  • Added: Mar 12, 2024 (2 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: BLUE FOREST REALTY INC.

Welcome to this amazing investment opportunity near downtown London! This sale includes a building and its business, with an additional unit attached being used as a hair salon. This unique building has a prime location with versatile options for investors and entrepreneurs. It is divided into two distinct spaces, each with its own business appeal. On one side, indulge in the atmosphere of a well-established bar, complete with an interior made for the loyal clientele that comes with the business. On the opposite side, you can find yourself in the world of beauty and elegance from a fully-equipped salon. With the flexibility to acquire the entire building you'll embrace the diversity of both businesses while generating a steady stream of income. Or maybe you'll opt to become a tenant of either the thriving bar or salon. Either way, the strategic layout allows for a seamless transition for new proprietors or lessees. Also equipped with separate entrances to ensure privacy and distinct identities are provided for each establishment. The parking lot provides 16 spots to ensure convenience for patrons and clients. Plus, the kind neighbours who have a 10 spot parking lot will allow you to use theirs as well. This asset enhances the accessibility and attractiveness of the location, giving your customers a peace of mind that they'll find proper parking. Whether you envision yourself as the proprietor of a popular bar, a thriving salon, or both, this property offers the perfect canvas for your entrepreneurial dreams. Act now to seize this opportunity just in time for spring!

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Area: London

  • Community: East L

  • Availability Date: Flexible

  • Assessment Amount: $174,000

  • Assessment Year: 2024

Building

  • Basement: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 3 PLAN 301(3RD), PT 1 33R8376 LONDON/LONDON TWP

  • Taxes: $5,879

Land

  • Cross Street: Hamilton Rd At Ander

  • Municipality District: London

  • Parcel Number: 083070106

  • Sewer: Sewers

  • Lot Frontage: 50 Acres

  • Zoning: AC4X AC

Commercial Specific

  • Total Area: 1727

  • Total Area Metric: Sq Ft

  • Business/Building Name: Playtime Cafe

  • Financial Statement: Y

JK-8

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Aberdeen Public School

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London South Collegiate Institute

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Catholic Central High School

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H B Beal Secondary School

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