haho.ca
$3,200,000
For sale

1720 Gore Road, London East (East P) - Business for Sale

1720 Gore Road, London East (East P), Ontario, N5W5L5

2 ft²Listed 134 days ago
Overview

This business in London East is for sale offering roughly 2 sq ft of space.

Description

One of London's best known Garden Centres is now available for purchase. An iconic business that everyone knows can now be yours to enjoy and help you bring joy to many Londoner's lives. Flowers, trees, shrubs and many other products for the gardening industry have been sold from this location for decades. Located at a high traffic location where close to 30,000 vehicles a day are in very close proximity. The parcel of land, which is just over 2.25 acres, can likely accommodate your expansion plans to open other possibilities in sales. With approximately 40,000sf of mixed greenhouse space and showroom the opportunity to diversify into other opportunities such as Pond accessory sales and other gardening supplies and services can lead to future sales expansion. Easy access for your clients with ample parking and great location exposure are just some of the few benefits provided by the location. Main commercial building/showroom allows year round sales. Property and business are included in the sale. (id:66096)

Property Details

MLS®
X13485182
Property Type
Business
Business Type
Retail and Wholesale
Zoning
RSC1, RSC3, RSC5
Interior Size
2 ft²
Lot Size
2,255 sq ft
Frontage
289 ft
Heating
Forced air, Natural gas
Cooling
None
Property Tax
$4,681.11/yr
Listed
134 days ago

Features

Lot Features
Irregular lot size

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
134d
London East (East P) listings, avg age
54d
Price / ft²
$1,600,000
List price
$3.20M

Long Listed: 134 days on market, against an average age of 54 days across the listings currently for sale in this city

Haho

This business in London East (East P) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE TRILAND REALTY · ROGER CARANCI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $3,200,000, about 49.6× the local median household income of $64,500.

Carrying it typically needs a household income of about $625,072 (20% down, 25-yr amortization, stress-tested) — roughly 869% above the area median.

Median household income
$64,500
Population
24,740
Median age
40.4
Owner / renter
59% / 41%
Avg. household size
2.1

Source: Statistics Canada, 2021 Census (FSA N5W)

$3,200,000· $1,600,000/ft²
For sale

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Financing

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$3,200,000

London East

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