137 Wellington St
London, N6B2K7
For Sale
$425,000
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Multi-Use
CATEGORY972 Sq Ft
TOTAL AREAX8171048
MLSIDContact Us
Property Description
Step into an exceptional opportunity with this mixed-use building, blending residential comfort with commercial potential. Nestled in a prime location, this property boasts a tenanted one-bedroom apartment ($1,400 inclusive) alongside a vacant commercial takeout restaurant space. Positioned strategically with eye-catching signage, the commercial area is equipped with essentials like a commercial exhaust hood and grease trap, ready for your business vision. Whether you're revitalizing the culinary scene or exploring new concepts, the options are limitless. With on-site parking and easy access via a dedicated driveway, convenience is key for both customers and residents. Embrace the chance for owner-occupancy or capitalize on rental income, all while enjoying the appeal of low taxes. This property is a golden opportunity for savvy entrepreneurs seeking a transformative venture.
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Property Details
Category
Multi-Use
Usage
Hospitality/Food Related
Zoning
BDC(6)/NF1
Total Area
972 Sq Ft
Retail Area
513 Sq Ft
Lot Size
20' x 120'
Taxes
$2,154 (2023)
Parking Spaces
2
Air Conditioning
Yes
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Listing contracted with Thrive Realty Group Inc.
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Don't Miss this Investment Opportunity at one of London's busiest intersections with a traffic count of approximately 80,000 cars per day! Previously a convenience store however with B.D.C zoning, there are more opportunities for other businesses.
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