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List Price: $1,299,000

474 Pall Mall Street, London East, N5Y 2Z4

- By THRIVE REALTY GROUP INC.
Store W Apt/Office|MLS - #X12072796|New
Bed
Bath
4486 Sqft.
Outside/Surface Garage

Client Remarks

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.
Property Description

474 Pall Mall Street, London East, N5Y 2Z4

Property type

Store W Apt/Office

Lot size

N/A acres

Style

Approx. Area

4486 Sqft

Home Overview

Last check for updates

Virtual tour

Basement information

Building size

4486

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

2024

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Walk around the neighborhood
474 Pall Mall Street, London East, N5Y 2Z4
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 474 Pall Mall Street

Default Agent

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