$2,850,000 FOR SALE

Land

Lot: 696.78 x 44.11 acresTotal Area: 1.46 acres
2023 Taxes: $17,500

3505 MORGAN Ave
London, ON N6L 0B7 | South W | Middlesex

The site plan approved* for a retail plaza and a standalone drive-through building covering 16,000sqf. This versatile space suits businesses such as clinics, Pharmacies, Dentists, accountants, and lawyers. The approved site plan includes a two-story retail building with office space. Strategically positioned at the intersection of Morgan Avenue & Wharncliffe Road South, this location offers prime visibility and accessibility, with a daily traffic flow of 30,000 vehicles along Wharncliffe Road South. Situated near a high-growth area in south London, with a population of 108,000 within a 5 km radius expected to rise to 120,000 by 2028, the potential for growth and profitability is evident. This space is ideal for medical/dental offices and various office and retail uses. The drive-through component adds further value by inviting franchisees & Franchisers to be part of the location

Extras
covering 16,000 sqft. Versatile space suitable for beauty salons, clinics, accountants, lawyers, and more.Plus ,it frautures a unique drive-through design.

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Listed By COLDWELL BANKER REALTY IN MOTION
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8262844
Last Updated Sep 23, 2024
Property Summary
Property Type Land

More like this:
Category Designated
PIN 082092005
Legal Description BLOCK 6, PLAN 33M661 SUBJECT TO AN EASEMENT AS IN ER620063 SUBJECT TO AN EASEMENT IN GROSS OVER PART 4, PLAN 33R18668 AS IN ER897173 CITY OF LONDON
Occupancy Vacant
Possession Date Flex
Taxes (2023) $17,500
Tax Type Annual
Directions/Cross Streets Wharncliffe Rd.S. &Morgan Ave
Neighbourhood South W
Area Middlesex
Price History
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Detailed Information
Freestanding Y
Lot 696.78 x 44.11 acres
Total Area 1.46 acres
Chattels N
Financial Statement N
Area Influences Public Transit
Sewers None
Utilities N
Water Municipal
Survey N
Lot/Bldg/Unit Code Lot
Zoning RSC-RSC3(18), RSC4(16)
Seller Property Info Statement N

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