$619,900

Commercial For Sale In Hamilton Road, London, Ontario

$619,900

Property Information:

Why rent or lease when you could own and generate multiple revenue streams with only one investment.With CC zoning this property offers a range of commercial uses which services the day-to-day convenience needs of the immediate neighbourhood. Currently operating as an established turn-keyrestaurant offering licensed dine-in for 30 seats.Upgrades and improvements over the past two years which include a new central air unit, electrical and fixtures, 30-gallon grease trap, stainless steel counter tops, vinyl siding, basementwaterproofing with 2 brand new sump pumps, the waterproofing comes with a 10 year worry free warranty. The completely refaced bar and dining room offers an inviting and cozy experience forcustomers.The current owner-occupied upper apartment provides easy access to your personal area while operating your business. It has 2 spacious bedrooms, a very large family room with a sloped ceilingthat only adds to the charm of this generous space. Fully equipped with stacking washer/dryer, stainless steel fridge with lower freezer and a gas stove that has been gently used. If living on siteisn’t your thing, it is no problem rent it out and earn a bit of revenue as the apartment can be self-contained with its outside entrance that is perfect for a young professional couple or small family.There is onsite parking for 5 vehicles.If all of that isn’t enough, you can even generate passive income when you assume the solar panel contract.

Inclusions: See Appendix A

Exclusions : See Appendix A

Property Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: Full
  • Construction Materials: Vinyl Siding
  • Interior Features: High Speed Internet
  • Lot Depth: 97.42 Feet
  • Lot Features: Irregular Lot, Ample Parking, Public Transit, Schools, Visual Exposure
  • Lot Frontage: 30.08 Feet
  • Parking Features: Concrete, Public
  • Road Frontage Type: Public Road
  • Utilities: Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Connected
  • Water Source: Municipal
  • Zoning: CC
  • Sewer: Sewer (Municipal)

Courtesy of: STREETCITY REALTY INC., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved