100 - 394 Clarence Street
London East, ON
- 2 bath
- 1,850 sqft
- Sale Of Business
- 118 days on market
FINE ART- LOCATION! Business for sale in a prime Downtown London location on 394 Clarence St Unit #100 with excellent exposure and strong pedestrian traffic, featuring 2 offices and 2 bathrooms with a total area of 1,850 sq ft. Flexible DA1 zoning permits a wide range of uses including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $2000/month with water included. Utilities are approximately $150/month. Insurance is approximately $200/month, keeping operating costs low and margins strong., Remaining lease runs until Feb 28, 2027, with a 3-5 year renewal option available. All existing equipment and fixtures are included. A rare change to step into a profitable, well-located business with excellent growth potential n one of London's most vibrant and ought-after commercial strips. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2350.
Listing Details
- Taxes (2025)
- $27,858
- Originally Listed
- $100,000
- Listed
- May 11, 2026
Price History
Property
- Age
- 31-50
- Lot Size
- 60.36 x 30.65 Feet
Parking
- Garage
- In/Out
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Dundas
- Zoning
- DA1
- Parcel Number
- 083210131
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Art Gallery
- Office / Apartment Area
- 1550 Sq Ft
Included
- Inclusions
- All business equipment/chattels. Premium inventory- worth $20k included
- Exclusions
- Personal items
Community
Postal area N6A
- Population
- 13,810
- Private dwellings
- 9,768
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $61,200
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
- $461,500
- Homes sold
- 1,321
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,321 recorded sales of commercial properties in London East over the last 12 months.
Listed by
CENTURY 21 FIRST CANADIAN CORP
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,850 sq ft
- Price per sq ft
- $24.32
- Annual property tax
- $27,858
- Tax per sq ft
- $15.06
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?