1544 Dundas Street London, Ontario N5W 3C1


Welcome to 1544 Dundas St., a noteworthy commercial plaza at Dundas and First St., where daily traffic exceeds 25,000 vehicles. This prime corner property encompasses a spacious 5,651.05 sq ft lot, with parking for up to 10 vehicles, offering a rare chance to acquire land, building, and a thriving business all in one. With a rich tenant history, including long-term stays by Money Mart since 1999, Liberty Tax, and various eateries, this location promises consistent foot traffic. Positioned close to national retailers such as Taco Bell, Rexall, and Shoppers Drug Mart, and within proximity to Fanshawe College, the plaza benefits from additional exposure and accessibility, further enhanced by a bus stop at its entrance. The lower unit, covering 1,708 sq ft., is currently occupied by a reliable tenant, providing a stable income stream. The main floor, totaling 1,639 sq ft., is in the process of being leased to a AAA net lease franchise restaurant, awaiting city rezoning and amendment application approval. Documentation is available upon request for prospective buyers. Boasting an approximate cap rate close to 5%, and with high potential for cash flow growth, this investment is a lucrative opportunity. Seller financing is a potential option, contributing to a smooth transaction. Don’t miss out – schedule a viewing today and explore the potential of investing in this prime East N, London location. (id:51356)

Property Details

MLS® Number 40506672
Property Type Office
Amenities Near By Public Transit, Schools
Parking Space Total 10


Basement Type Full
Constructed Date 1978
Exterior Finish Brick, Concrete, Metal
Fire Protection Security System
Stories Total 1
Size Exterior 3374.0000
Utility Water Municipal Water


Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 115 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description Asa4


Electricity Available
Natural Gas Available
Telephone Available



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