430 First Street

London, N5W 4N1

Lot: 1.38 acres
Type: Sale Of Business
On the market: 126 days

Compare 430 First Street

About this home

Prime 5,000 sq ft turnkey BUSINESS SALE located in a very busy and highly traffic area of London neighbourhood, currently operating as a Portuguese grocery store that celebrates a diverse cultural mix of foods. Delivering strong cash flow and a prominent community presence, this location is ideal for an owner-operator or family business seeking long-term stability and growth. Features include a full commercial kitchen with a 12' hood and fire-suppression system, prep tables, coolers and freezers. A grocery area plus central customer seating for the instore experience of freshly prepared foods with family and friends. Rear dock-level loading into staging and prep areas for efficient business flow, dedicated 240V electrical service with 400A capacity, a monitored alarm system, and ample customer parking at the rear. Consistent year-round performance with clear upside to further expand prepared foods or catering, extend hours, or broaden retail offerings to accelerate revenue growth.

Property details

MLS® number: X13440670
Property type: Sale Of Business
Lot: 1.38 acres
Heating: Gas Forced Air Open
Cooling: Yes

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Possession

30-60days

Cross street

Dundas St E & First St

Municipality

London

What it could cost each month

Mortgage estimate

$1,545a month

$69,800 down, 4.5%, 25 years

Down payment

5%10%20%

Interest rate

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An estimate, not a quote. Under 20% down, the mortgage default insurance premium is added to the loan.

Location

London, near Dundas St E & First St

430 First Street, London

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Listing courtesy of RE/MAX ADVANTAGE REALTY LTD.

Listed on the MLS® System of the London and St. Thomas Association of REALTORS. MLS® number X13440670. Measurements are approximate.

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Listing data provided under copyright by the London and St. Thomas Association of REALTORS® and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Robert Georgopoulos and George Georgopoulos are Sales Representatives with RE/MAX Advantage Realty Ltd., Brokerage. Each office independently owned and operated.

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