Introducing 1622 Dundas Street, London a rare and lucrative commercial opportunity in one of the citys most high-traffic corridors. THIS SALE INCLUDES THE LAND, THE STANDALONE COMMERCIAL BUILDING, AND THE FULLY OPERATIONAL RESTAURANT BUSINESS. The restaurant has been a local staple for over 80 years and currently produces an impressive $2.4 MILLION IN ANNUAL REVENUE VOLUME, offering immediate income potential for the right buyer. The building measures approximately 40 FT X 86 FT and sits on a prime road-facing lot with excellent exposure on Dundas Street. Zoned for a range of commercial uses, this property holds strong development potential, with preliminary discussions indicating city support for a future proposal to build up to 83 residential units with commercial space at grade. Ideal for investors, developers, or business owners seeking a strategic location in a high-demand area. Whether you choose to continue the well-established restaurant operation or redevelop the site to fit your vision, the possibilities are endless. Don't miss this chance to own a valuable piece of commercial real estate that includes everything: LAND, BUILDING, AND A THRIVING BUSINESS ALL IN ONE PACKAGE. PLEASE DO NOT GO DIRECT TO THE LOCATION WITHOUT AN APPOINTMENT. Contact us today to book your private showing and explore this incredible opportunity. **** Try and ask to lease the restaurant alone..! *** (id:4555)
PROPERTY SPECS
Listing ID X12116400
Address 1622 DUNDAS STREET
City London East (East H), ON
Price $1,600,000
Land Size 116.75 FT ; 116.16x196.05x78.91x12.68 x38.19 x183.33
Status For sale
EXTENDED FEATURES
Parking45Amenities NearbyPublic TransitFeaturesIrregular lot sizeCoolingFully air conditionedHeatingOtherHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-05-01 18:01:53Days on Market1Parking45