Space
Finished area and layout
- Building Area
- 4,500 sqft
- Rooms
- 0
- Bathrooms
- 4
+33 more
4
Bathrooms
4,500 sqft
Building Area
179.99 x 169.96 Feet
Lot
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- sale of business / Mixed Use
Lot
Land, frontage and setting
- Lot
About This Property
This 4-bathroom sale of business in London South offers 4,500 sqft of building area on a 179.99 x 169.96 Feet lot. The property has zoned Business Commercial. The home features yes.
MLS Remarks
Very profitable and high-performing Crabby Joe's Bar & Grill franchise located in a prime area of London directly across from a major hospital complex. This established location boasts very impressive annual sales with a long history of strong and consistent performance. Large 4,500 Sq Ft restaurant plus a 1,500 Sq Ft basement featuring an efficient rectangular layout, a recently expanded patio, and seating for 216 inside plus 70 on the patio. The kitchen is fully equipped with a 25-ft commercial hood, 3 walk-ins, and top-of-the-line equipment throughout.Excellent opportunity for an owner-operator or investor with approximately 10% NOI on top of owner salaries. Royalties are 5% + 2%, and the attractive lease rate is $13,183 Gross Rent including TMI plus percentage rent with a term of 6 + 5 + 5 years remaining. AAA opportunity.Please do not go direct or speak to staff or ownership.
Full Listing Details
Address557 Wellington Road, London South, ON N6C 4R3
MLS#X13492734
Listing StatusPrice Change
Property TypeCommercial
Sub-TypeSale of business
TransactionSale
List DateJun 26, 2026
Days on Market121
Possession DetailsTBD
StyleMixed Use
Bathrooms4
Total Rooms0
CityLondon South
ProvinceOn
Postal CodeN6C 4R3
MLS AreaX04
MLS Sub-AreaLondon
Lot Size30,591 sqft
Lot Dimensions179.99 x 169.96 Feet
ZoningBusiness Commercial
CoolingYes
SecurityNo
UtilitiesAvailable
SewerSanitary+Storm
Business TypeRestaurant
Wellington and Commissioners
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