21-25 Childers ST Active Save Request In-Person Tour Request Virtual Tour
London East,ON N5W 4C1
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