221-223 Dundas St, London East, N6A 1H1

Listing Overview

Description

Well located Downton street front property on the south side of Dundas Street between Clarence & Wellington. Property fronts onto Dundas Place, home to concerts, pop-up markets, cultural events, food & art festivals. Building has 1,850 SF retail/restaurant on the main floor and 1,008 SF on 2nd floor consisting of 2 units: a bachelor apartment and 450 SF open area/office. Main floor is leased to a Vietnamese take-out restaurant @ $2,495 per month plus HST + 70% of hydro/water and 50% of heat from may 1, 2023 until April 20, 2028 with 1 x 5 year renewal. Located next door to CHE Restaurant and 3 doors from Grace Restaurant. Apartment occupied at $1,000 per month gross. Open area/ office vacant and could be leased as a 2nd bachelor apartment if kitchen facility added.

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On Market

Store W/Apt/Office

Property Type

$10,352 / Year

Est. Taxes

Store With Apt/Office

Style

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Business Type

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Franchise