Property Details

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For Sale
$100,000
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MLS® #: X13111552
$100,000 / property
394 Clarence Street 100, London East, ON N6A 3M6
📍 London East, ON N6A 3M6
🛏
0
Bedrooms
🚿
2
Bathrooms
📐
1850
Sq Ft
🏠
Commercial
Type

About This Property

FINE ART- LOCATION! Business for sale in a prime Downtown London location on 394 Clarence St Unit #100 with excellent exposure and strong pedestrian traffic, featuring 2 offices and 2 bathrooms with a total area of 1,850 sq ft. Flexible DA1 zoning permits a wide range of uses including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $2000/month with water included. Utilities are approximately $150/month. Insurance is approximately $200/month, keeping operating costs low and margins strong., Remaining lease runs until Feb 28, 2027, with a 3-5 year renewal option available. All existing equipment and fixtures are included. A rare change to step into a profitable, well-located business with excellent growth potential n one of London's most vibrant and ought-after commercial strips. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2350. Please contact the listing agent for more info.

Listing Contracted With: CENTURY 21 FIRST CANADIAN CORP

Listed By

Siva Kandiah
Siva Kandiah
Re/Max Ace Realty Inc.
★★★★★ 5.0 Rating

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