131 Waterloo Street,London East (East K), ON N6B2M7
London East (East K), ON N6B2M7
Description
Excellent opportunity to acquire a freestanding commercial building in a high-visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, the property is well placed to benefit from increasing population density, pedestrian traffic, and ongoing neighbourhood revitalization. Currently operated as a convenience store, the business is not included in the sale and will close prior to possession, giving a new owner the opportunity to establish their own convenience store or compatible neighbourhood retail operation. The property offers strong street exposure, an established commercial presence, and convenient access to a growing residential customer base. Its existing retail use may also provide a smoother transition for buyers seeking to continue a similar operation, subject to verification of intended use, licensing, and municipal requirements. With its freestanding configuration, prominent location, and proximity to significant residential redevelopment, this property is an attractive opportunity for an owner-operator, investor, or entrepreneur seeking long-term growth potential in one of London's evolving urban corridors. (id:13843)
Details
| MLS # | X13551696 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 111 |
| Listing Provided By | HOMELIFE FRONTIER REALTY INC. | DONGHO LEE |
Features
| SQ Feet | 1,500 |
|---|---|
| Zoning | R3-1 |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 8 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 5419 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | London East (East K) |
| Postal Code | N6B2M7 |
| Listing VS Median (in N6B2M7) | |
Price: $519,000 low | high Med: $519,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $346 low | high Med: $346 On site: 111 low | high Med: 111 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London East (East K) |
| Postal Code | N6B2M7 |
| Listing VS Median (in N6B2M7) | |
Price: $519,000 low | high Med: $519,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $346 low | high Med: $346 On site: 111 low | high Med: 111 | |
