Prime Real Estate is pleased to offer for sale one of the best corners in London. This site represents a premium investment\r\nand/or development opportunity. The property is fully tenanted with flexible lease terms, offering the unique opportunity to\r\nstructure/secure market tenancies or owner-occupy. One of the buildings, home of the beloved Four Seasons, offers a turnkey\r\nrestaurant and reception hall in 4,630 SF with 4,630 SF in the lower level. The site also offers an investor the opportunity to\r\nadd up to an additional 8,843 SF of retail space. The Official Plan designates this property as a Shopping Area which encourages\r\nmedium to high density along with retail and mixed-use development. The favourable official plan designation coupled with nearby\r\nprecedence uniquely positions this property as a high-density opportunity, offering versatility and considerable upside. The\r\nproperty features 351 feet of frontage on Fanshawe Park Road and 200 feet of frontage on Hyde Park Road with daily traffic\r\ncounts of 21,500. The property is surrounded by active development and is already home to one of the most desirable\r\nneighbourhoods and rapidly growing demographics in the City of London. The contiguous 1.414-acre property (1491 Fanshawe Park\r\nRoad) is owned by the same principals offering a potential land assembly of 3.098 acres for a high-density development. (id:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Total Area
12,005 ft2
Amenities Nearby
Public Transit
Listing Contract Date
2024-03-19
# of Parking Spaces
121
Property Type
Business
Transaction Type
For sale
Building
Basement Type
Full
Exterior Finish
Stucco, Stone
Fireplace Present
Yes
Foundation Type
Poured Concrete
Utility Water
Municipal water
Land
Total Size
Unit=351 x 209 Acre ; 209.12 ft x 350.91 ft x 209.11 ft x 350.91 ft | 1/2 - 1.99 acres
Amenities
Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
Unit=351 x 209 Acre ; 209.12 ft x 350.91 ft x 209.11 ft x 350.91 ft
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