1062- 1064-1066 DUNDAS ST E Active Save Request In-Person Tour Request Virtual Tour
London,ON N5W 3A6
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $222
MLS Listing ID X8284876
Annual Tax Amount $6,605
Tax Year 2023
Property Description
Excellent high visibility corner of Dundas and Dorinda. 3 buildings abutting. Presently laundromat (1062 Dundas) owner operated earns $50k-$60k annually business included. 1064 Dundas rented to a barber shop with annual income $10,200 plus utilities for decades. 1066 Dundas $700 SQFT vacant retail store with bathroom and two bedroom apartment with potential annual income $36,000 plus utilities. Also, there is a one bedroom apartment at rear part of property with a separate entrance which is occupied by the owner- it could be rented for another $1000 plus each month as a bonus. Basement are partially finished are currently used for the owner's workshop. Cash flow earns. The owner is selling for retirement. Property is sold "as is". Property in need of extensive renovations with great potential. The BDC Zone variation provides a WIDE mix of retail, restaurant, and neighbourhood facility, office,
and residential uses which are appropriate in all Business District Commercial Zone variations. Potential future development as well.
Location
Province ON
County Middlesex
Zoning BDC
Rooms
Family Room No
Basement Full
Kitchen 0
Interior
Cooling Unknown
Inclusions LAUNDRY BUSINESS INCLUDES 7 SINGLE WASHERS AND 6 DRYERS
Exterior
Garage Other
Garage Spaces 8.0
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Unknown
Total Parking Spaces 8
Building
Foundation Concrete Block,Poured Concrete
New Construction false
Others
Security Features Alarm System