1455 Fanshawe Park Road W London, Ontario N6H 5L3
$6,000,000
Rare opportunity to acquire one of the top corners in London. The property is 1.684 acres with 351 feet of frontage on Fanshawe Park Road and 200 feet on Hyde Park Road. The site offers amalgamated traffic counts of 21,500 vehicles per day, and is surrounded by one of the best neightbourhood demographics in the City of London. The London Plan (Official Plan) designates the property as Shopping Area which encourages mixed-use development. Initial review suggests the site may be suitable for a 6-8 storey mixed-use development with nearby precedence for 17-18 stories. The current restaurant building, home of the beloved Four Seasons restaurant, offers a prudent owner-occupier or investor a turnkey restaurant in 4,630 SF with a demi sable 4,630 in the lower level current leased on a short term basis to a fitness tenant. The second retail building on site is home to a women's clothing retailer. The site supports AAA retail intensification, with conceptual site plans developed by the property owner offering an additional 5,645 - 8,843 SF. Contiguous 1.414 acre property (1491 Fanshawe Park Road) owned by same principals offering a potential land assembly of 3.098 acres. (id:46638)
Property Details
| MLS® Number | 40443294 |
| Property Type | Other |
| Amenities Near By | Public Transit, Schools, Shopping |
| Community Features | High Traffic Area, School Bus |
| Features | Corner Site, Visual Exposure |
| Parking Space Total | 121 |
| Sign Type | Pylon |
Building
| Basement Type | None |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Stone, Stucco |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Exterior | 12005.0000 |
| Utility Water | Municipal Water |
Parking
| None |
Land
| Access Type | Road Access |
| Acreage | Yes |
| Land Amenities | Public Transit, Schools, Shopping |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 209 Ft |
| Size Frontage | 351 Ft |
| Size Irregular | 1.684 |
| Size Total | 1.684 Ac|1/2 - 1.99 Acres |
| Size Total Text | 1.684 Ac|1/2 - 1.99 Acres |
| Zoning Description | Rsc2 Rsc4 Rsc5 |
https://www.realtor.ca/real-estate/25753859/1455-fanshawe-park-road-w-london
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Contact us for more information
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
(519) 473-9992
www.primebrokerage.ca
302-200 Villagewalk Boulevard
London, Ontario N5X 0A6
(519) 473-9992
www.primebrokerage.ca
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June 23 2023 07:29:53
London and St. Thomas Association of REALTORS®
Prime Real Estate Brokerage