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 4bed 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 ARELOCATED ON YOUR RIGHT-HAND SIDE. (id:47423)
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Detailed Information
Lot
132.25 x 87.58 ft
Listing Contract Date
2024-11-05
Location Description
Dundas St and Lyle St
Property Type
Retail
Transaction Type
For sale
Zoning Description
Commercial - BDC OR
Business
Business Type
Retail and Wholesale
Business Subtype
Retail misc.
Building
Appliances
Dryer, Refrigerator, Stove, Washer
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Utility Water
Municipal water
Land
Total Size
132.33 x 87.64 FT
Sewer
Sanitary sewer
Size of Irregular Land
132.33 x 87.64 FT
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