$125,000 Sale

Listed 7 hours ago

360 Springbank Drive #8

MLS® x14165960 Sale Of Business

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Beds · 0

Baths · 0

Parking · -

Sqft · -

Est. mortgage

$474/mo

Property Taxes

$8.50/yr

Key Facts

Key facts for 360 Springbank Drive #8

Property Type

Commercial

Parking

None

MLS #

X14165960

Size

Basement

Listed on

2026-11-10

Lot size

252 x 203.9

Tax

$8.50 /yr

Days on Market

Approximate Age

Maintenance Fee

Description

Chattels-only sale opportunity at 360 Springbank Drive with an attractive lease rate! This 3,500 sf prime corner unit is situated in a well-established plaza in Springbank, one of London's most sought-after neighbourhoods, with excellent exposure and ample free parking. The premises feature a fully ...built-out restaurant with a large turnkey commercial kitchen and bar, including over 15 feet of commercial exhaust hood, walk-in cooler, walk-in freezer, dishwashing equipment, flat-top grill, gas grill, prep tables, and much more. The exterior offers a newly constructed covered and heated patio, plus a separate uncovered patio area. The restaurant was previously licensed for up to 132 patrons indoors and 50 patrons on the patio. Existing bar includes 4 under counter coolers and a keg dispensing cooler. Additional features include three renovated washrooms and an active liquor sales licence, subject to AGCO approval and transfer requirements. Lease rate is $24.00 per sq. ft. net, plus approximately $8.50 per sq. ft. TMI, totalling approximately $9,479.17 per month plus HST and utilities. Chattels only-the existing business and trade name are not included. All information is to be independently verified by the buyer. The Seller is willing to offer flexible payment arrangements to qualified buyers for the purchase of existing chattels.

Full Property Details

General

Business Type

Restaurant

Retail Area

3500.00 Sq Ft

Total Area

3500.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Business Type

Restaurant

Retail Area

3500.00 Sq Ft

Total Area

3500.00 Square Feet

Sprinklers

Drive-In Level Shipping Doors

Double Man Shipping Doors

Grade Level Shipping Doors

Truck Level Shipping Doors

Interior

Washrooms

Heating Fuel

Gas Forced Air Open

Air Conditioning

Yes

Washrooms

Heating Fuel

Gas Forced Air Open

Air Conditioning

Yes

Exterior

Depth

203.9

Front

252.15

Lot Size

252 x 203.9 ft

Parking Spaces

Total Parking Spaces

Parking Description

None

Garage Spaces

Zoning

CSA1

Depth

203.9

Front

252.15

Lot Size

252 x 203.9 ft

Parking Spaces

Total Parking Spaces

Parking Description

None

Garage Spaces

Zoning

CSA1

Building Description

Home Type

Commercial

Subtype

Sale Of Business

Water Supply

Municipal

Possession Date

12/1/2026

Home Type

Commercial

Subtype

Sale Of Business

Water Supply

Municipal

Possession Date

12/1/2026

Community

South D

Community

South D

Taxes & Fees

Taxes

$8.50 /yr

Tax Year

2026

Occupancy

Vacant

Taxes

$8.50 /yr

Tax Year

2026

Occupancy

Vacant

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Josh Ament

Email: josh@joshament.com Cell: 226-376-7961