Header

 

logo

header

$1,299,000
Available - For Sale
Listing ID: X12072796
An incredible investment opportunity awaits with this meticulously maintained mixed-use building. Currently home to The Bag Lady Variety, a licensed 30-seat restaurant, the sale includes the business along with all chattels and fixtures, offering a seamless transition for a new owner. Above the restaurant, the property features two income-generating residential units: a 1-bedroom + office rented for $1,400/month (inclusive) and a 1-bedroom rented for $1,200/month (inclusive). A bonus owners loft on the upper level provides additional space. Recent updates include a new shingles (2020), furnace (2021), central air (2021), and water heater (2021), ensuring a hassle-free investment. With a projected annual rental income of $87,430, this property presents multiple possibilities continue operating The Bag Lady Variety with strong sales, introduce your own restaurant concept, or lease all units for a hands-off investment. Whether you're an entrepreneur looking for a turnkey business or an investor seeking strong rental income, this property is a rare opportunity to own a thriving asset in a prime location.
Price $1,299,000
Taxes: $6,703.87
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner+T
Address: 474 Pall Mall Stre , London, N5Y 2Z4, Middlesex
Postal Code: N5Y 2Z4
Province/State: Middlesex
Directions/Cross Streets: MAITLAND ST.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 4,486
Total Area Code:  Square Feet
Office/Appartment Area: 2049
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 100+
Business/Building Name: The Bag Lady Variety
Financial Statement: T
Chattels: T
Franchise: F
Hours Open: Thursda
Employees #: 3
Seats: 30
Maintenance: 0
Expenses Actual/Estimated: $Est
Sprinklers: No
Outside Storage: F
Rail: N
Crane: F
Soil Test: No
Height Feet: 4
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THRIVE REALTY GROUP INC.

474 Pall Mall Stre , London, N5Y 2Z4, Middlesex


 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Store W Apt/Office
Area: Middlesex
Municipality: London
Neighbourhood: East F
Style:
Lot Size: x 80.00(Feet)
Approximate Age: 100+
Tax: $6,703.87
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Property Detail
Financial Info
Utilities and more
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Virtual Tour
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
!-- start of askavenue script -->