Overview
Why rent or lease when you could own and generate multiple revenue streams with only one investment. With CC zoning this property offers a range of commercial uses which services the day-to-day convenience needs of the immediate neighbourhood. Currently operating as an established turn-key restaurant offering licensed dine-in for 30 seats. Upgrades and improvements over the past two years which include a new central air unit, electrical and fixtures, 30-gallon grease trap, stainless steel counter tops, vinyl siding, basement waterproofing with 2 brand new sump pumps, the waterproofing comes with a 10 year worry free warranty. The completely refaced bar and dining room offers an inviting and cozy experience for customers. The current owner-occupied upper apartment provides easy access to your personal area while operating your business. It has 2 spacious bedrooms, a very large family room with a sloped ceiling that only adds to the charm of this generous space. Fully equipped with stacking washer/dryer, stainless steel fridge with lower freezer and a gas stove that has been gently used. If living on site isn’t your thing, it is no problem rent it out and earn a bit of revenue as the apartment can be self-contained with its outside entrance that is perfect for a young professional couple or small family. There is onsite parking for 5 vehicles. If all of that isn’t enough, you can even generate passive income when you assume the solar panel contract. (id:6509)
Tours
Details
Property
- 124 RECTORY Street
- London, Ontario, Canada
- 2 Level
- Brick, Vinyl siding
- 40567532
Financial
- For Sale
- $619,900
- $4,160
Rooms
- 2
- 1
- Partially finished, Full
Parking
- 5
Utilities
- Central air conditioning
- Forced air
- Municipal sewage system
Calculators
Nearby Schools
Name | Address | Phone | Type |
---|---|---|---|
Holy Rosary Separate School
185 |
268 Herkimer St | (519) 675-4415 | Catholic |
St Mary School
225 |
347 Lyle St | (519) 675-4423 | Catholic |
St Sebastian Separate School
230 |
225 Cairn St | (519) 660-2791 | Catholic |
St. John French Immersion School
510 |
1212 Coronation Drive Dr | (519) 675-4420 | Catholic |
Aberdeen Public School
210 |
580 Grey St | (519) 452-8010 | Public |
Académie de la Tamise
265 |
1260 Dundas rue | (519) 659-8174 | Public |
Ealing Public School
195 |
840 Hamilton Rd | (519) 452-8150 | Public |
Lester B Pearson School for the Arts
280 |
795 Trafalgar St | (519) 452-8300 | Public |
Lord Roberts Public School
300 |
440 Princess Ave | (519) 452-8330 | Public |
Princess Elizabeth Public School
875 |
247 Thompson Rd | (519) 452-8490 | Public |
Tecumseh Public School
320 |
401 Tecumseh Ave E | (519) 452-8600 | Public |
Trafalgar Public School
140 |
919 Trafalgar St | (519) 452-8610 | Public |
Name | Address | Phone | Type |
---|---|---|---|
Catholic Central High School
1035 |
450 Dundas St | (519) 675-4431 | Catholic |
École secondaire catholique École secondaire Monseigneur-Bruyère
265 |
920 Huron rue | (519) 673-4223 | Catholic |
John Paul II Catholic Secondary School
780 |
1300 Oxford St E | (519) 675-4432 | Catholic |
Robarts Provincial School for the Deaf
|
1515 Cheapside Street | (519) 453-4400 | Provincial |
Robarts/Amethyst Demonstration Secondary School
|
1515 Cheapside Street | (519) 453-4400 | Provincial |
B Davison Secondary School Secondary School
115 |
785 Trafalgar St | (519) 452-2880 | Public |
G A Wheable Secondary School
|
70 Jacqueline St | Public | |
H B Beal Secondary School
1765 |
525 Dundas St | (519) 452-2700 | Public |
London Central Secondary School
1060 |
509 Waterloo St | (519) 452-2620 | Public |
London South Collegiate Institute
720 |
371 Tecumseh Ave E | (519) 452-2860 | Public |
Sir Wilfrid Laurier Secondary School
1155 |
450 Millbank Dr | (519) 452-2840 | Public |
Thames Valley Alternative Secondary School
170 |
70 Jacqueline St | (519) 452-2660 | Public |
Neighbourhood
Disclaimer: Statistics are based on active listings within a 2 km radius.
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Listing Provided By:
STREETCITY REALTY INC., BROKERAGE
Listed on: April 11, 2024