1622 Dundas Street London East, Ontario N5W 3C4
Fully Air Conditioned Other
$1,600,000
Introducing 1622 Dundas Street, London a rare and lucrative commercial opportunity in one of the citys most high-traffic corridors. THIS SALE INCLUDES THE LAND, THE STANDALONE COMMERCIAL BUILDING, AND THE FULLY OPERATIONAL RESTAURANT BUSINESS. The restaurant has been a local staple for over 80 years and currently produces an impressive $2.4 MILLION IN ANNUAL REVENUE VOLUME, offering immediate income potential for the right buyer. The building measures approximately 40 FT X 86 FT and sits on a prime road-facing lot with excellent exposure on Dundas Street. Zoned for a range of commercial uses, this property holds strong development potential, with preliminary discussions indicating city support for a future proposal to build up to 83 residential units with commercial space at grade. Ideal for investors, developers, or business owners seeking a strategic location in a high-demand area. Whether you choose to continue the well-established restaurant operation or redevelop the site to fit your vision, the possibilities are endless. Don't miss this chance to own a valuable piece of commercial real estate that includes everything: LAND, BUILDING, AND A THRIVING BUSINESS ALL IN ONE PACKAGE. PLEASE DO NOT GO DIRECT TO THE LOCATION WITHOUT AN APPOINTMENT. Contact us today to book your private showing and explore this incredible opportunity. **** Try and ask to lease the restaurant alone..! *** (id:53193)
Property Details
| MLS® Number | X12116400 |
| Property Type | Retail |
| Community Name | East H |
| AmenitiesNearBy | Public Transit |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 45 |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeFrontage | 116 Ft ,9 In |
| SizeIrregular | 116.75 Ft ; 116.16x196.05x78.91x12.68 X38.19 X183.33 |
| SizeTotalText | 116.75 Ft ; 116.16x196.05x78.91x12.68 X38.19 X183.33 |
| ZoningDescription | Asa1 As |
https://www.realtor.ca/real-estate/28242535/1622-dundas-street-london-east-east-h-east-h
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Durga Prasad Aaripaka
Salesperson
Century 21 First Canadian Corp
Richard Salhani
Salesperson
Century 21 First Canadian Corp
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May 01 2025 07:28:37
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp