$1,795,000
For sale: Other

A true London East landmark, this long-established entertainment venue has been a popular destination for live music, dancing, karaoke, tribute bands and nightlife for many years. Offering over 6,000 sq. ft. of building space, it features a liquor licence for 250 persons indoors plus 56 on the patio.Situated on a prominent corner with excellent Hamilton Road exposure, the property offers ample on-site and nearby street parking. Its BDC zoning, established use and redevelopment potential provide the opportunity to continue the current operation or explore future commercial, mixed-use or residential uses, subject to municipal approvals.Offered with existing chattels and equipment for continued operation, or without for a purchaser considering an alternative use or redevelopment.
Sold data
Other homes in London East (East M) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East M) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,875,000
Other424 QUEBEC AVENUE, Stephen, South Huron

$1,699,900
Other11 WADSWORTH STREET, Brantford

$1,750,000
Other205 WHARNCLIFFE ROAD S, South E, London South

$1,295,000
Other275 TALBOT STREET, St. Thomas, St. Thomas

$1,999,900
Other9696 CURRIE ROAD, Wallacetown, Dutton/Dunwich

$1,350,000
Other1 - 37 ONTARIO STREET N, Grand Bend, Lambton Shores

$1,699,900
Other11 WADSWORTH STREET, Brantford

$1,699,000
Other1052 LONGWOODS ROAD, Rural Southwest Middlesex, Southwest Middlesex