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$ 1,295,000
Est. payment /mo
Active
21-25 Childers ST London East, ON N5W 4C1
4,640 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,640 sqft
Price per Sqft $279
Subdivision East M
MLS Listing ID X12441019
Annual Tax Amount $8,792
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Rare Opportunity to own and operate a successful Full Service / Full Turnkey Automotive Repair facility with a long standing reputation for quality and reliability. 45 years in business. Located at 21-25 Childers St, London, just north of Brydges St in Central London. 2 existing Free Standing buildings at the property. 5 Auto repair bays. Excellent auto repair business income potential. As the owner himself has his sights on Retiring from the business he is currently operating at only 20% of its full potential. D-M Repairs business has a long established reputation within the community. 21 Childers St: Existing Automotive Repair facility / Building. - Approx. 3,040 SF building. Approx. 20ftx40ft section with 24ft ceiling height & 28ftx80ft section with a 15ft ceiling height. 3 Drive-in / Grade loading doors: One - 12x14ft and 12x12ft and 12x16ft doors. Building addition could be done (approx. 20x40ft). -2 Mezzanine Areas in the building with front office area, parts storage area & 4-5 work bays. - 3 Auto Hoists are installed. Two Oil interceptors installed. Gas Furnace & Unit Gas Heaters. 25 Childers St: Existing Store Front Building with rear Light Industrial Unit. - Approx. 1,600 SF building. Currently two units. Front Unit Retail Store: 884 SF & Rear Unit approx. 18ftx42ft. - One Drive-in / Grade loading door. Total Building Area: Approx. 4,640 SF. Total Site Area: 0.346 acres. Zoning: LI1/LI7/LI8-Light Industrial-Permits a wide range of uses: Auto Repair Garage, Automotive Body Shops, Truck sales and service, Service & Repair establishments, Repair & Rental establishments, Tow Truck etc. New Improved Asking Price: $1,295,000 includes the property, two existing buildings & all of the Automotive Repair equipment / Fabricating equipment currently at the property. Lengthy list of Auto repair and fabricating equip. included in the sale. Note: The Antiques in the front building (25 Childers St.) are not included in the sale.
Location
Province ON
County Middlesex
Community East M
Area Middlesex
Zoning LI1/LI7/LI8
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 100.25
Lot Depth 150.34
Others
Security Features No
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
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