$2,500,000 FOR SALE

Commercial/Retail

Lot: 27.1 x 98.28 ftTotal Area: 5,472 ft2
2024 Taxes: $36,708

805 WONDERLAND Rd S
London, ON N6K 2Y5 | South M | Middlesex

Built in 2011 and strategically positioned at the crossroads of Wonderland Road South and Viscount Road, this freestanding restaurant pad commands a prime location along a bustling traffic corridor, accommodating a daily influx of 34,000 vehicles. In 2018 there was 1.1 million dollar renovation done. The building itself spans 5,472 square feet and occupies a generous 0.91-acre corner site, ensuring premium visibility within the locale. Adjacent to this site is Westmount Commons, a recently revitalized mixed-use center spanning 535,000 square feet. This dynamic complex features 200,000 square feet of office space, complemented by an additional 335,000 square feet dedicated to retail establishments emphasizing destination, lifestyle, and entertainment offerings. The immediate surroundings boast a burgeoning neighborhood, featuring multiple schools and several high-density residential buildings. Under the ownership and management of an institutional entity, this property stands as a secure investment with a long term triple net lease. Positioned on a high-visibility corner in an established area, it guarantees a stable and reliable cash flow.

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Listed By ROYAL LEPAGE TRILAND REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9251639
Last Updated Sep 06, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
PIN 084390142
Legal Description PART BLOCK F, PLAN 979, PARTS 7, 8 AND 9 PLAN 33R21261 SUBJECT TO AN EASEMENT OVER PART 8 PLAN 33R21261 AS IN 290165 SUBJECT TO AN EASEMENT IN GROSS AS IN ER1471654 CITY OF LONDON
Occupancy Own+Ten
Possession Date 30 DAYS
Taxes (2024) $36,708
Tax Type Annual
Assessment (2023) $1,322,000
Directions/Cross Streets VISCOUNT ROAD
Neighbourhood South M
Area Middlesex
Price History
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Detailed Information
Freestanding Y
Lot 27.1 x 98.28 ft
Total Area 5,472 ft2
Air Conditioning Y
Basement N
Garage Type None
Heat Type Gas Forced Air Open
Area Influences Public Transit
Sprinklers N
Utilities A
Water Municipal
Crane N
Rail N
Lot/Bldg/Unit Code Building
Zoning RSA2
Seller Property Info Statement N

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