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London, ON N5Y2Z4 474 PALL MALL STREET

$1,299,000

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Presented By: THRIVE REALTY GROUP INC.
  • MLS# X12072796
  • 04/09/2025
  • Request Tour
  • Request Info
  • SQFT • 4,486

Home Details

An incredible investment opportunity awaits with this meticulously maintained mixed-use building. Currently home to The Bag Lady Variety, a licensed 30-seat restaurant, the sale includes the business along with all chattels and fixtures, offering a seamless transition for a new owner. Above the restaurant, the property features two income-generating residential units: a 1-bedroom + office rented for $1,400/month (inclusive) and a 1-bedroom rented for $1,200/month (inclusive). A bonus owners loft on the upper level provides additional space. Recent updates include a new shingles (2020), furnace (2021), central air (2021), and water heater (2021), ensuring a hassle-free investment. With a projected annual rental income of $87,430, this property presents multiple possibilities continue operating The Bag Lady Variety with strong sales, introduce your own restaurant concept, or lease all units for a hands-off investment. Whether you're an entrepreneur looking for a turnkey business or an investor seeking strong rental income, this property is a rare opportunity to own a thriving asset in a prime location. (id:7434)
Presented By: THRIVE REALTY GROUP INC.

Interior Features for 474 PALL MALL STREET

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeOther

General for 474 PALL MALL STREET

Building Age100+ years
Building Cooling TypeFully air conditioned
Building TypeResidential Commercial Mix
CommunityNameEast F
Location DescriptionMAITLAND ST.
Parking Space Total4
Property TypeRetail
Zoning DescriptionR2-2

Exterior for 474 PALL MALL STREET

SewerSanitary sewer

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $1,299,000
MLS#X12072796
List Date 04/09/2025
Property Type Commercial
Phone 289.816.2923
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