3922 Hamilton Road East, Thames Centre (Dorchester) - Business for Sale
3922 Hamilton Road East, Thames Centre (Dorchester), Ontario, N0L1G2
This business in Thames Centre is for sale offering roughly 1 sq ft of space.
Description
This historic landmark property has been a long-standing, family-operated full-service gas station and car wash, prominently located on one of Dorchester's busiest main streets at the west entrance to the Village. The gas bar features multiple pumps and offers lottery tickets and select convenience sundries, serving both local residents and commuter traffic. Its high-visibility location ensures consistent exposure and steady customer flow. Positioned in the largest village within the rapidly growing and highly desirable Municipality of Thames Centre, the property benefits from strong local demographics and continued residential expansion. It is conveniently situated less than 10 minutes from London city limits and provides quick access to Highway 401, making it an ideal service stop for both local and regional traffic. The upper level includes three residential rental units overlooking the scenic Thames River, offering attractive supplementary income. An additional commercial rental unit on the main level further enhances and diversifies revenue streams. With multiple income sources-including fuel sales, car wash operations, convenience retail, and four rental units-this property presents a rare opportunity for investors or owner-operators seeking a well-established, mixed-use asset in a prime growth corridor. (id:66096)
Property Details
- MLS®
- X13517144
- Property Type
- Business
- Business Type
- Service
- Zoning
- C1-FP
- Interior Size
- 1 ft²
- Lot Size
- 1.14 acres
- Frontage
- 247 ft
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $4,513/yr
- Listed
- 124 days ago
Services
- Water
- Municipal water
- Sewer
- Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 124 days on market, against an average age of 91 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 65 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Thames Centre (Dorchester) 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 (N0L)
This home lists at $1,599,900, about 16.0× the local median household income of $100,000.
Carrying it typically needs a household income of about $312,516 (20% down, 25-yr amortization, stress-tested) — roughly 213% above the area median.
- Median household income
- $100,000
- Population
- 49,817
- Median age
- 44
- Owner / renter
- 87% / 13%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA N0L)
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$1,599,900
Thames Centre