590 Oxford Street East, London North (North P) - Business for Sale
590 Oxford Street East, London North (North P), Ontario, N5Y3J1
This business in London North is for sale offering roughly 3,169 sq ft of space.
Description
Laundromat with a licenced cafe (LLBO) for sale in North London. Located near UWO and Fanshawe College with high traffic on both Oxford St E and Adelaide St. Plenty of potential to expand and grow the business by adding more washers and dryers. Plenty of sitting area in cafe and lounge area. Potential to add different food menu. Owners had shortened the hours for the last 6 years. New owners could extend hours or open 24 hours. Free parking behind building and in front. Self serve laundromat with wash and fold services and alterations. Sellers willing to replace machines or sell as is and allow new owners to update and customize layout and machine sizes. (id:66096)
Property Details
- MLS®
- X13084976
- Property Type
- Business
- Business Type
- Special Purpose
- Zoning
- AC3(1) AC4
- Bathrooms
- 2
- Interior Size
- 3,169 ft²
- Lot Size
- 131 × 191 ft (24,926 sq ft)
- Frontage
- 131 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $22,171/yr
- Listed
- 183 days ago
Features
- Appliances
- Washer, Dryer, Freezer, Water Heater
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 183 days on market, against an average age of 59 days across the listings currently for sale in this city
This business in London North (North P) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N5Y)
This home lists at $139,000, about 2.2× the local median household income of $63,600.
Carrying it typically needs a household income of about $27,152 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $63,600
- Population
- 35,934
- Median age
- 35.6
- Owner / renter
- 45% / 55%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA N5Y)
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$139,000
London North