$999,000 FOR SALE

Business for Sale

Restaurant

Lot: 50 x 146 ftTotal Area: 3,032 ft2
2023 Taxes: $6,431

1487 DUNDAS St
London, ON N5W 3B8 | East N | Middlesex

Fantastic opportunity to own the building, land and a well established restaurant! As a bonus, there is a fully self-contained apartment that is currently rented as an Airbnb but it could be rented as commercial office space. The Casa Blanca has operated for 12 years and is a fully licensed, eat-in/take-out restaurant. Casa Blanca has a large volume of sales and overwhelmingly positive reviews on Tripadvisor etc. The restaurant has achieved its success by only opening 5 days a week. This is an opportunity to own a turnkey business or bring the business to the next level, building equity and wealth. It includes over 150K in equipment, chattels, and fixtures, seating for 28 people inside, a concrete patio and plenty of parking. Also, note that the oversize main floor and basement could allow for a second restaurant. Financial statements and a list of chattels are available upon request. Located in one of the most important and high traffic arteries of London. This is an area of major development. The potential of this property is endless. Request your private showing before it is sold!

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Listed By SUTTON GROUP - SELECT REALTY INC., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8284752
Last Updated Jul 31, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Business/Building Name CASA BLANCA RESTAURANT
Category With Property
PIN 081110006
Legal Description PART LOT 8 PLAN 69 AS IN 392484 LONDON/LONDON TOWNSHIP
Occupancy Owner
Possession Date Flexible
Taxes (2023) $6,431
Tax Type Annual
Assessment (2023) $210,000
Directions/Cross Streets ON DUNDAS ST EAST, EAST OF HIGHBURY
Neighbourhood East N
Area Middlesex
Price History
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Detailed Information
Lot 50 x 146 ft
Retail Area 1,409 ft2
Total Area 3,032 ft2
Approximate Age 51-99
Basement Y
Chattels Y
Garage Type None
Hours Open 11-9pm
LLBO Y
Employees 1
Financial Statement Y
Outside Storage Y
Area Influences Public Transit
Seats 30
Sewers Sanitary
Water Municipal
Zoning CSA6
Seller Property Info Statement Y

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