Amazing opportunity to own this gem of a commercial property in London. Approx 2300 sqft, located in a prime core location between York, King and Dundas area with onsite free parking. Currently rented at $4500 plus utilities. Tenants willing to stay but vacant possession also possible. Has zoning for a variety of businesses. Approx $130k spend on renovations. Upstairs has recently been converted into 4 bed 2 bath residential unit and main floor has potential for plenty of businesses from office space to restaurants/wellness center. Commercial offering a live-in upper and business on the lower level. This could be a perfect opportunity for an entrepreneur to live at a low cost while operating a business below. The main level has many wheel chair accessibility features included. There is an intercom system throughout and lighting can also be controlled remotely for investors. Onsite parking, controlled remotely for investors. Onsite parking, controlled entry with video, owned HWT.
Mls | 40674068 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Days On Site | 30 |
Listing Provided By | EXECUTIVE HOMES REALTY INC | Himanshu Sood |
Sq Feet | 2,300 |
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Storys | 2 |
Zoning | Commercial BDC |
State | ON |
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County | Middlesex |
City | London |
Zip Code | N5W 3R6 |
Area | East |
Subarea | East A |
Community Name | East A |
Listing VS Median (in East A) | |
Price: $499,900 low | high Med: $564,450 SqFt: 2,300 low | high Med: 2,144 $ / SqFt: $217 low | high Med: $267 On Site: 30 low | high Med: 27.000000 |