This exceptional commercial property presents a prime investment opportunity in a desirable London location. The 2,300-square-foot building, situated between York, King, and Dundas Streets, offers convenient on-site around 12 car parking. Its versatile zoning accommodates a wide range of business uses. Recent renovations, totaling approximately $130,000, include a newly converted four-bedroom, two-bathroom residential unit upstairs. The main floor offers significant potential for various commercial ventures, such as office space, restaurants, or wellness centers. This unique property combines the benefits of live-in accommodation and a ground-floor business area, ideally suited for entrepreneurs seeking to minimize living expenses while operating their business. Further enhancing its appeal are wheelchair accessibility features, remotely controlled lighting, controlled entry with video surveillance, and an owned hot water tank. |
Price | $499,000 |
Taxes: | $9839.00 |
Tax Type: | Annual |
Occupancy: | Vacant |
Address: | 389 Lyle Stre , London East, N5W 3R6, Middlesex |
Postal Code: | N5W 3R6 |
Province/State: | Middlesex |
Directions/Cross Streets: | Dundas St and Lyle St |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Multi-Use |
Use: | Retail Store Related |
Building Percentage: | T |
Total Area: | 2300.00 |
Total Area Code: | Square Feet |
Retail Area Code: | % |
Franchise: | F |
Sprinklers: | Yes |
Washrooms: | 0 |
Clear Height Feet: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | Yes |
Sewers: | Sanitary |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KING REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Middlesex |
Municipality: | London East |
Neighbourhood: | East L |
Tax: | $9,839 |
Fireplace: | N |