London East, ON N6B 2M7
Excellent opportunity to acquire a standalone commercial building in a high visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, this property is well situated for long term stability and future value growth as the neighbourhood continues to transform.The building is currently occupied by a convenience store; however, the business is not included in the sale and will be closed prior to possession. The property is best suited for continued convenience store or similar neighbourhood retail use. Importantly, the current retail use operates without requiring special municipal permits, allowing a new owner to continue convenience store operations seamlessly.With increasing population density and strong pedestrian activity driven by nearby redevelopment, this location offers reliable demand for neighbourhood serving retail. Ideal for buyers seeking a stable, ready to operate commercial asset in a revitalizing urban corridor.
TRREB MLS® Attribution
MLS® X12725524
Listed by RE/MAX ICON REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,681
/month · $439,200 mortgage
Amortization
Total Interest
$365,052
Total Cost
$804,252
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX ICON REALTY