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$ 2,850,000
Est. payment /mo
Pending
3505 MORGAN AVE London, ON N6L 0B7
1 SqFt
UPDATED:
09/23/2024 04:08 PM
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
Listed by COLDWELL BANKER REALTY IN MOTION