Description

Prime opportunity to acquire a freestanding commercial property with additional excess land for future development, strategically located at the high-profile intersection of Dundas Street and Veterans Memorial Parkway, as well as Dundas Street and Bonaventure Drive London, Ontario. The offering comprises a total site area of approximately 5.87 acres, improved with a 22,690 SF former Peavy Mart retail building, presenting immediate occupancy or repositioning potential. The balance of the site offers significant upside for future commercial or residential development, subject to approvals. Positioned on a prominent hard corner, the property benefits from exceptional exposure with over 900 feet of frontage along Dundas Street and over 270 feet along Veterans Memorial Parkway, providing outstanding visibility and accessibility along one of London's primary arterial corridors. The surrounding area is a well-established retail and commercial hub, anchored by major national tenants including Walmart, Home Depot, Canadian Tire, Winners, and SportChek, in addition to a strong concentration of automotive dealerships such as Chevrolet, Dodge, Chrystler, Jeep, Ram and Kia. This offering represents a rare opportunity to acquire a high-exposure asset with both immediate utility and long-term development potential in one of London's most active commercial corridors. Total Building Area: 22,690 SF plus covered outdoor areas. Main Retail Building: 22,690 SF. Outdoor Merchandising Area: 2,400 SF. Covered Receiving Area:484 SF.Total: 32,022 SF.Additional excess Development land of 3 Acres. Total Land Area: 5.87 Acres. Zoning: CSA6(2) - Permits a wide range of uses. Other Notes: The Seller would entertain first-position VTB to qualified buyers. Existing Building is also available For Lease.

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