1401 Ernest Avenue
London South, ON
7,000 sqft • Commercial Retail • 123 days on market
Turnkey Liquidation Business - Prime South London Location. An outstanding opportunity to own a fully established and profitable liquidation retail business in one of London, Ontario's most sought-after commercial corridors. Successfully operating for over 3 years, this business offers consistent revenue, a strong local reputation, and a loyal repeat customer base-perfect for an owner-operator or savvy investor. Ideally situated in a high-traffic plaza alongside Food Basics, this location enjoys excellent visibility, steady daily foot traffic, and ample on-site parking for added customer convenience. Just minutes from White Oaks Mall, the store is surrounded by dense residential communities, including apartments, townhomes, and single-family homes-ensuring a constant flow of customers. Currently operating as a convenience/liquidation retail store, this is a true turnkey opportunity with everything in place for immediate operation and future growth. Step in and start earning from day one!
Listing Details
- Listed
- April 28, 2026
Price History
Property
- Lot Size
- 345 x 728.52 Feet
Utilities
- Sewer
- None
Location & Legal
- Cross Street
- Ernest Ave and Bradley Ave
- Zoning
- CSA1
- Parcel Number
- 084990001
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Exclusions
- The business name is not included in the sale. The transaction will include the goodwill and established clientele developed over the past three + (3+) years of operation.
Community
Postal area N6E
- Population
- 28,140
- Private dwellings
- 10,366
- Median age
- 38
- Average household size
- 2.7
- Median household income
- $75,000
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 South · last 12 months
- Median sold price
- $585,000
- Homes sold
- 1,892
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 1,892 recorded sales of commercial properties in London South over the last 12 months.
Listed by
Keller Williams Innovation Realty
Location
Street View
Commercial figures
- Building area
- 7,000 sq ft
- Price per sq ft
- $21.29
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?