1487 Dundas Street, London, Ontario N5W 3B8

Listed for:
$1,050,000
0 beds
0 baths
Listed 117 days ago
1487 Dundas Street, London, Ontario N5W 3B8

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Listing provided by:
SUTTON GROUP - SELECT REALTY INC., BROKERAGE
MLS® number:
40537053
Agent:
Angel Castelvi Llanes
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About

ON DUNDAS ST EAST, EAST OF HIGHBURY Fantastic opportunity to own the building, land and a well established restaurant! As a bonus, there is a fully self-contained apartment that is currently rented as an Airbnb but it could be rented as commercial office space. The Casa Blanca has operated for 12 years and is a fully licensed, eat-in/take-out restaurant. Casa Blanca has a large volume of sales and overwhelmingly positive reviews on Tripadvisor etc. The restaurant has achieved its success by only opening 5 days a week. This is an opportunity to own a turnkey business or bring the business to the next level, building equity and wealth. It includes over 150K in equipment, chattels, and fixtures, seating for 28 people inside, a concrete patio and plenty of parking. Also, note that the oversize main floor and basement could allow for a second restaurant. Financial statements and a list of chattels are available upon request. Located in one of the most important and high traffic arteries of London. This is an area of major development. The potential of this property is endless. Request your private showing before it is sold! (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Brick, Stucco
Parking space
Ownership Type
Freehold
Amenities nearby
Airport, Public Transit, Schools

Location

Summary

Conveniently situated near the airport, public transit, and schools, this property is an excellent investment opportunity. It is a freehold property, offering the chance to own the building, land, and a well-established restaurant. Additionally, there is a fully self-contained apartment that is currently being rented out as an Airbnb, but could also be utilized as commercial office space.

Operating for a successful 10 years, Casa Blanca is a fully licensed eat-in/take-out restaurant with a large volume of sales and overwhelmingly positive reviews on platforms such as Tripadvisor. Despite only being open 5 days a week, the restaurant has achieved significant success. This presents a turnkey business opportunity for potential buyers, with the option to further develop and expand the business, building equity and wealth. The property includes over 150K in equipment, chattels, and fixtures, seating for 28 people inside, a concrete patio, and ample parking. There is also potential for a second restaurant, given the oversize main floor and basement. Financial statements and a list of chattels are available upon request.

Situated in a high-traffic area of London, this property is located on 1487 DUNDAS Street, in an area of major development. The potential of this property is limitless, making it a highly desirable investment. With a land size of under 1/2 acre, the property boasts brick and stucco exterior finishes and spans 2.00 stories. It is currently for sale in the city of London, Ontario, with a postal code of N5W3B8.

Street Spotlight - For sale