1487 Dundas St
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1487 Dundas St
3,459 SF Retail Building London, ON N5W 3C1 $999,000 CAD ($289 CAD/SF)
Investment Highlights
- Property has a fully self-contained apartment that is currently rented as an Airbnb.
- Basement included
Executive Summary
Fantastic opportunity to own the building, land and a well established restaurant! As a bonus, there is a fully self-contained apartment that is currently rented as an Airbnb but it could be rented as commercial office space. The Casa Blanca has operated for 12 years and is a fully licensed, eat-in/take-out restaurant. Casa Blanca has a large volume of sales and overwhelmingly positive reviews on Tripadvisor etc. The restaurant has achieved its success by only opening 5 days a week. This is an opportunity to own a turnkey business or bring the business to the next level, building equity and wealth. It includes over 150K in equipment, chattels, and fixtures, seating for 28 people inside, a concrete patio and plenty of parking. Also, note that the oversize main floor and basement could allow for a second restaurant. Financial statements and a list of chattels are available upon request. Located in one of the most important and high traffic arteries of London. This is an area of major development. The potential of this property is endless. Request your private showing before it is sold!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,459 SF
Year Built
2010
Price
$999,000 CAD
Price Per SF
$289 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.50
Land Acres
0.16 AC
Zoning
CSA6 - Community Shopping Area
Parking
5 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
41 ft on Dundas St
Walk Score ®
Very Walkable (72)
Nearby Major Retailers
1 of 4
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1487 Dundas St
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