#8 972 HAMILTON Road, London East (East O) - Business for Sale
#8 972 HAMILTON Road, London East (East O), Ontario, N5W1V6
This business in London East is for sale offering roughly 1,742 sq ft of space. It has been on the market 29 days, fresher than the London East average of 47 days.
Description
Established since June 2018, this well-established department store business is located in the busy Fairmont Mall in southeast London, on the north side of Hamilton Road between Highbury Ave N and Hale Street. Excellent exposure, directly across from McDonald's, adjacent to Shell Gas Station, and next to No Frills grocery store. Plenty of parking. Business includes quality lifestyle clothing and footwear for all ages, purses, totes, luggage, bedding, cooking hardware and utensils, and more. The unit features a retail area, two fitting rooms, storage space and a washroom. Operation training will be provided. Inventory is negotiable. Current lease runs until June 30, 2028, with three renewal options. (id:66096)
Property Details
- MLS®
- X13865992
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- N/A
- Interior Size
- 1,742 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $1/yr
- Listed
- 29 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 29 days on market, against an average age of 47 days across the listings currently for sale in this city
This business in London East (East O) has been listed for 29 days, which is 18 days fresher than the city average of 47. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N5W)
This home lists at $49,000, about 0.8× the local median household income of $64,500.
Carrying it typically needs a household income of about $9,571 (20% down, 25-yr amortization, stress-tested) — within reach of 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)
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$49,000
London East