1781 Wavell Street, London East

Cooling: Fully air conditioned
Heating: Hot water radiator heat

Bathrooms: 4
Living area: 6960 square feet
Type: Commercial
Added: 3 weeks ago
Updated: 3 weeks ago
Last Checked: 1 week ago
Listed by: STREETCITY REALTY INC.
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Listing description
This Commercial listing at 1781 Wavell Street London East, ON with the MLS Number x12337556 listed by YOUNGMIN KIM - STREETCITY REALTY INC. on the London East market 3 weeks ago at $2,500,000.

Prime London, Ontario Investment Opportunity 1781 Wavell Street, Turn-key, income-generating property featuring two established businesses Wavell Variety, and a fully equipped coin laundry plus three rental apartments, all in one package. Situated in a high-visibility location in East London, this mixed-use building offers a rare chance to own a money-making investment with 25 dedicated parking spaces for customers and tenants. The main floor boasts a busy variety store serving the local community and surrounding neighbourhoods, alongside a profitable coin-operated laundromat with a separate customer entrance. Upstairs, you'll find three well-maintained rental units, providing steady monthly income. Located near East Lion Community Centre, Kiwanis Park, Argyle Mall, Clarke Road Secondary School, and major transit routes, the property benefits from heavy foot traffic and strong tenant demand. Easy access to Highway 401makes it a convenient hub for both residential and commercial clients. This is a solid, long-term investment ideal for portfolio expansion or an owner-operator looking to run a business while earning rental income. Fire inspection and rental permit are approved. Fire extinguisher and the fire-resistant door installed. Inventory is extra (id:1945)

Property Details Key information about 1781 Wavell Street