$499,000 FOR SALE

Commercial/Retail

Lot: 132.25 x 87.58 ft

389 Lyle Street
London, ON N5W 3R6

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, an intercom system, remotely controlled lighting, controlled entry with video surveillance, and an owned hot water tank. (id:47423)

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Listed By KING REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X11997475
Last Updated Mar 03, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
Community East L
Price History
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Detailed Information
Lot 132.25 x 87.58 ft
Listing Contract Date 2025-03-03
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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