Excellent opportunity to acquire a standalone commercial building in a high visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, this property is well situated for long term stability and future value growth as the neighbourhood continues to transform.The building is currently occupied by a convenience store; however, the business is not included in the sale and will be closed prior to possession. The property is best suited for continued convenience store or similar neighbourhood retail use. Importantly, the current retail use operates without requiring special municipal permits, allowing a new owner to continue convenience store operations seamlessly.With increasing population density and strong pedestrian activity driven by nearby redevelopment, this location offers reliable demand for neighbourhood serving retail. Ideal for buyers seeking a stable, ready to operate commercial asset in a revitalizing urban corridor. (id:60297)
| MLS® Number | X12725524 |
| Property Type | Retail |
| Community Name | East K |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 8 |
| RentalEquipmentType | Water Heater |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 1500 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 66 Ft ,10 In |
| SizeFrontage | 51 Ft |
| SizeIrregular | 51.06 X 66.91 Ft |
| SizeTotalText | 51.06 X 66.91 Ft |
| ZoningDescription | R3-1 |
https://www.realtor.ca/real-estate/29285159/131-waterloo-street-london-east-east-k-east-k
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Jenna Chung
Broker
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