3505 MORGAN AVE Pending

London,ON N6L 0B7

$ 2850000

- Bed

- Bath

1 SqFt


Key Details

Property Type Commercial

Sub Type Land

Listing Status Pending

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $2,850,000

MLS Listing ID X8262844

Annual Tax Amount $17,500

Tax Year 2023

Property Description

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

Location

Province ON

County Middlesex

Community Public Transit

Rooms

Kitchen 0

Exterior

Community Features Public Transit

Utilities Available None

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