530 Clarke Road
London East, ON
- 1 sqft
- Sale Of Business
- 199 days on market
Turn-key, newly renovated 10,600 sq. ft. banquet hall and restaurant in a prime, high-traffic London location. Stand-alone building surrounded by residential and industrial areas, providing steady foot traffic throughout the day. Fully equipped and ready to operate, with easy conversion potential for Asian, Middle Eastern, or Western cuisine. Over 100 on-site parking spaces. Lease available 5 + 5. Excellent opportunity for immediate cash flow and future growth.
Listing Details
- Listed
- February 12, 2026
Price History
Listing history
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Property
- Lot Size
- 121 x 607 Feet
Parking
- Garage
- Other
Location & Legal
- Cross Street
- Clarke Road & Huron Street
- Zoning
- RSC4 LI
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Banquet Hall
Community
Postal area N5V
- Population
- 32,961
- Private dwellings
- 13,236
- Median age
- 36.4
- Average household size
- 2.6
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in London East · last 12 months
- Median sold price
- $462,500
- Homes sold
- 1,302
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,302 recorded sales of commercial properties in London East over the last 12 months.
Listed by
RE/MAX GOLD REALTY INC.
Walk Score
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