100 - 394 Clarence Street London East, Ontario N6A 3M6

2 Bathroom 1,850 ft2
Fully Air Conditioned Forced Air

$100,000

FINE ART- LOCATION! Business for sale in a prime Downtown London location on 394 Clarence St Unit #100 with excellent exposure and strong pedestrian traffic, featuring 2 offices and 2 bathrooms with a total area of 1,850 sq ft. Flexible DA1 zoning permits a wide range of uses including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $2000/month with water included. Utilities are approximately $150/month. Insurance is approximately $200/month, keeping operating costs low and margins strong., Remaining lease runs until Feb 28, 2027, with a 3-5 year renewal option available. All existing equipment and fixtures are included. A rare change to step into a profitable, well-located business with excellent growth potential n one of London's most vibrant and ought-after commercial strips. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2350. Please contact the listing agent for more info. (id:28006)

Property Details

MLS® Number X13111552
Property Type Business
Community Name East K

Building

Bathroom Total 2
Age 31 To 50 Years
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,850 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 30 Ft ,7 In
Size Frontage 60 Ft ,4 In
Size Irregular Unit=60.36 X 30.65 Ft
Size Total Text Unit=60.36 X 30.65 Ft
Zoning Description Da1

https://www.realtor.ca/real-estate/29732490/100-394-clarence-street-london-east-east-k-east-k

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