221-223 Dundas ST Active

London,ON N6A 1H1

$ 650000

- Bed

3 Baths

2858 SqFt


Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Square Footage 2,858 sqft

Price per Sqft $227

MLS Listing ID X10418000

Annual Tax Amount $10,352

Tax Year 2024

Property Description

Well located Downton street front property on the south side of Dundas Street between Clarence & Wellington. Property fronts onto Dundas Place, home to concerts, pop-up markets, cultural events, food & art festivals. Building has 1,850 SF retail/restaurant on the main floor and 1,008 SF on 2nd floor consisting of 2 units: a bachelor apartment and 450 SF open area/office. Main floor is leased to a Vietnamese take-out restaurant @ $2,495 per month plus HST + 70% of hydro/water and 50% of heat from may 1, 2023 until April 20, 2028 with 1 x 5 year renewal. Located next door to CHE Restaurant and 3 doors from Grace Restaurant. Apartment occupied at $1,000 per month gross. Open area/ office vacant and could be leased as a 2nd bachelor apartment if kitchen facility added.

Location

State ON

County Middlesex

Zoning DA1

Interior

Cooling Partial

Exterior

Community Features Public Transit

Utilities Available Yes

Others

Security Features No

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