#1 456 Wharncliffe Road South, London South (South G) - Business for Sale
#1 456 Wharncliffe Road South, London South (South G), Ontario, N6J2M9
Description
Well-Established Convenience Store & Canada Post Outlet in a high-traffic location. Rare opportunity to acquire a long-standing retail business with 15 years of continuous operation. The business is well established in the community and features a busy Canada Post outlet, complemented by lottery sales, passport photo services and an alteration/dry-cleaning depot. Positioned within a major commercial corridor, with approximately 33,000 vehicles passing daily, the location offers excellent visibility and exposure, with ample parking. The surrounding plaza is home to established businesses including Pita Pita Middle Eastern Cuisine, Subway and Midas, creating a strong commercial environment and consistent customer activity. An attractive lease term further supports the opportunity for a buyer looking for long-term stability. There is additional potential to grow the business through extended operating hours and the introduction of additional products and services, subject to applicable approvals. The Landlord has also approved, at the Tenant's expense, a separate front entrance for a potential vape shop, subject to City approval and all other applicable requirements. Inventory extra. NDA required for release of financial information. (id:66096)
Property Details
- MLS®
- X13826286
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- HS2
- Bathrooms
- 1
- Frontage
- 209 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $47,371/yr
- Listed
- 42 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 42 days on market, against an average age of 35 days across the listings currently for sale in this city
This business in London South (South G) 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 (N6J)
This home lists at $129,000, about 2.0× the local median household income of $65,000.
Carrying it typically needs a household income of about $25,198 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $65,000
- Population
- 27,497
- Median age
- 43.6
- Owner / renter
- 49% / 51%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA N6J)
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$129,000
London South