100 – 394 CLARENCE STREET

  • 3 days ago
BusinessOntarioLondon East (East K)N6A3M6394 Clarence Street, London East (East K), Ontario, Canada, N6A3M6

394 Clarence Street, London East (East K), Ontario, Canada, N6A3M6

394 Clarence Street, London East (East K), Ontario, Canada, N6A3M6

Basics

  • Date added: Added 3 days ago
  • Category:
  • Bathrooms: 2
  • Area: 1850 sq ft
  • Lot size: 0 sq ft
  • SubdivisionName: East K
  • UnitNumber: 100
  • ListOfficeName: CENTURY 21 FIRST CANADIAN CORP
  • MLS ID: X13111552

Description

  • Description:

    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:62692)

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Building Details

  • Heating: Forced air

Amenities & Features

  • Waterfront available: No
  • OpenParkingYN: No
  • AttachedGarageYN: No
  • GarageYN: No
  • CarportYN: No
  • PoolYN: No
  • CoolingYN: Yes
  • Cooling: Fully air conditioned
  • Total Fireplaces: 0

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