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69-71 London Rd 6,837 SF 100% Leased Retail Building Thamesville, ON N0P 2K0 $500,000 USD ($73.13 USD/SF)
Investment Highlights
- Both commercial units are currently leased; however, one retail unit will be vacant upon closing as the owner is retiring.
- The property offers exceptional value, flexibility, and unlimited potential in a prime downtown location.
- The upper-level one-bedroom apartment offers an excellent opportunity for a business owner to live on-site or generate additional rental income.
Executive Summary
Exceptional mixed-use investment opportunity in the heart of Thamesville! This prominent commercial property features two ground-floor retail units and a one-bedroom residential apartment on the upper level, offering an excellent combination of income potential and future flexibility. Both commercial units are currently leased; however, one retail unit will be vacant upon closing as the owner is retiring, creating an ideal opportunity for an owner-occupier or to secure a new tenant. Situated on 0.173 acres with approximately 6,837 sq. ft. of combined retail and residential space (as per GEO), this property is zoned UC (Central Business District), permitting a wide range of commercial uses. The spacious, open-concept retail areas offer excellent exposure and are well suited for retail, professional offices, service businesses, and many other permitted uses. Ideally located on the main street of Thamesville, this high-visibility property benefits from strong vehicle traffic, steady pedestrian activity, ample street parking at the front, and additional parking at the rear of the building. The upper-level one-bedroom apartment offers an excellent opportunity for a business owner to live on-site or generate additional rental income and is ready for your personal touch, as it requires TLC. Whether you're an investor seeking a solid mixed-use income property or an entrepreneur looking to establish your business while building equity, this property offers exceptional value, flexibility, and unlimited potential in a prime downtown location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,837 SF
Building Class
C
Year Built
1942
Price
$500,000 USD
Price Per SF
$73.13 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.92
Lot Size
0.17 AC
Zoning
UC - Central Business District
Amenities
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 2
Videos
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Photos
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Presented by
Re/Max Chatham-Kent Realty Inc.
69-71 London Rd
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