$549,000
( $238.70Per Sq Foot )
 $2,947 est/mo Sourced by Back At You

389 Lyle Street , London, ON N5W 3R6

London, ON N5W 3R6

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Description

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. Directions to Property: HEADING EAST ON DUNDAS ST, TURN RIGHT ON LYLE. THE PARKING LOT & PROPERTY ARE LOCATED ON YOUR RIGHT-HAND SIDE.

Details

MLS#40602070
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site47
Listing Provided ByEXECUTIVE HOMES REALTY INC | Himanshu Sood

Features

SQ Feet2,300
Story(s)2
ZoningCommercial BDC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 6 minutes ago
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN5W 3R6
AreaEast
SubareaEast A
Community NameEast A
Listing VS Median (in East A)
Price:
$549,000
low | high
Med:
$588,900
42.732240437158% of Average
SqFt:
2,300
low | high
Med:
1,625
79.347826086957% of Average
$ / SqFt:
$239
low | high
Med:
$450
38.648259994248% of Average
On Site:
47
low | high
Med:
103.5
45.410628019324% of Average
Sourced by Back At You
Listing Updated: June 8, 2024 at 11:41:13 AM PDT