1455 Fanshawe Park Road W London, Ontario N6H 5L3

$5,750,000

Prime Real Estate is pleased to offer for sale one of the best corners in London. This site represents a premium investment\r\nand/or development opportunity. The property is fully tenanted with flexible lease terms, offering the unique opportunity to\r\nstructure/secure market tenancies or owner-occupy. One of the buildings, home of the beloved Four Seasons, offers a turnkey\r\nrestaurant and reception hall in 4,630 SF with 4,630 SF in the lower level. The site also offers an investor the opportunity to\r\nadd up to an additional 8,843 SF of retail space. The Official Plan designates this property as a Shopping Area which encourages\r\nmedium to high density along with retail and mixed-use development. The favourable official plan designation coupled with nearby\r\nprecedence uniquely positions this property as a high-density opportunity, offering versatility and considerable upside. The\r\nproperty features 351 feet of frontage on Fanshawe Park Road and 200 feet of frontage on Hyde Park Road with daily traffic\r\ncounts of 21,500. The property is surrounded by active development and is already home to one of the most desirable\r\nneighbourhoods and rapidly growing demographics in the City of London. The contiguous 1.414-acre property (1491 Fanshawe Park\r\nRoad) is owned by the same principals offering a potential land assembly of 3.098 acres for a high-density development. (id:49269)

Property Details

Building

Land

https://www.realtor.ca/real-estate/26830376/1455-fanshawe-park-road-w-london