This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies.
More information


272 Queen St. E., Brampton, Ontario L6V 1B9

Phone: 905-454-1100  Toll: 1-877-306-4776

397 Thompson Rd

London, Ontario
$1,788,000
For Sale
MLS© ID: X4329339

Complete the following form to request a showing of this property.


Excellent Commercial Property With 2 Owner Running Great Businesses; Unattended Coin Laundry And Convenience Store In A Good Business Area Of London. The Store Annual Sales Is $1, 040, 000, Low Cigarette Portion Of 45% With 13% Margin. Good Lotto Commission $66, 000 Yearly And Atm $14, 400. The Unattended Coin Laundry Generates About $108K Income With An Excellent Potential Of Wash & Fold And Depot Operation.

Extras: Enough Parking Space On The Ground. The Property Has Been Well Maintained And Under A Good Condition. All In All, The Property Generates About $400K Net Income Under The Owner's Operation. The Asking Price Is 22.4% Cap!!

Property Features

  • Directions/Cross Streets: Thompson & King Edward
  • Lot Size Code: Feet
  • Taxes: 11800.00
  • Tax Year: 2018
  • Property #: X4329339
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: London
  • Business Type: Retail Store Related
  • Garage Type: Plaza
  • Legal Description: Pt Lts 247 & 248 Plan 836 As In 856989
  • Lot Depth: 238.00
  • Lot Front: 230.00
  • Type: Commercial/Retail
  • Category: Retail
  • Freestanding: Y
  • Lot/Bldg/Unit Code: Lot
  • Retail Area: 3550
  • Retail Area Code: Sq Ft
  • Sprinklers: N
  • Total Area: 54740.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: Y
  • Air Conditioning: Y
  • Heat Type: Gas Forced Air Open
  • Water: Municipal
Powered by Lone Wolf Real Estate Technologies (CMS6)