1781 Wavell Street, London East, ON

$2,400,000

Previous Next

4

Baths

0.29

Acres

About 1781 Wavell Street

Prime London, Ontario Investment Opportunity 1781 Wavell Street, Turn-key, income-generating property featuring two established businesses Wavell Variety, and a fully equipped coin laundry plus three rental apartments, all in one package. Situated in a high-visibility location in East London, this mixed-use building offers a rare chance to own a money-making investment with 25 dedicated parking spaces for customers and tenants. The main floor boasts a busy variety store serving the local community and surrounding neighbourhoods, alongside a profitable coin-operated laundromat with a separate customer entrance. Upstairs, you'll find three well-maintained rental units, providing steady monthly income. Located near East Lion Community Centre, Kiwanis Park, Argyle Mall, Clarke Road Secondary School, and major transit routes, the property benefits from heavy foot traffic and strong tenant demand. Easy access to Highway 401makes it a convenient hub for both residential and commercial clients. This is a solid, long-term investment ideal for portfolio expansion or an owner-operator looking to run a business while earning rental income. Fire inspection and rental permit are approved. Fire extinguisher and the fire-resistant door installed. Inventory is extra

Features of 1781 Wavell Street

MLS® # X12337556
Price $2,400,000
Bathrooms 4.00
Acres 0.29
Type Commercial
Sub-Type Commercial Retail
Status Active

Community Information

Address 1781 Wavell Street
Area Middlesex
Subdivision East M
City London East
Province ON
Postal Code N5W 2E2

Amenities

Parking Spaces 25
Garages Outside/Surface
Is Waterfront No

Interior

Heating Water Radiators
Cooling Yes
Fireplace No

Listing Details

OfficeRIGHT AT HOME REALTY

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?