Excellent opportunity to acquire a freestanding commercial building in a high-visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, the property is well placed to benefit from increasing population density, pedestrian traffic, and ongoing neighbourhood revitalization. Currently operated as a convenience store, the business is not included in the sale and will close prior to possession, giving a new owner the opportunity to establish their own convenience store or compatible neighbourhood retail operation. The property offers strong street exposure, an established commercial presence, and convenient access to a growing residential customer base. Its existing retail use may also provide a smoother transition for buyers seeking to continue a similar operation, subject to verification of intended use, licensing, and municipal requirements. With its freestanding configuration, prominent location, and proximity to significant residential redevelopment, this property is an attractive opportunity for an owner-operator, investor, or entrepreneur seeking long-term growth potential in one of London's evolving urban corridors. (id:49269)
| MLS® Number | X13551696 |
| Property Type | Retail |
| Community Name | East K |
| Equipment Type | Water Heater |
| Parking Space Total | 8 |
| Rental Equipment Type | Water Heater |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,500 Sqft |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 66 Ft ,10 In |
| Size Frontage | 51 Ft |
| Size Irregular | 51.06 X 66.91 Ft |
| Size Total Text | 51.06 X 66.91 Ft |
| Zoning Description | R3-1 |
https://www.realtor.ca/real-estate/30020626/131-waterloo-street-london-east-east-k-east-k
Contact us for more information