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Property Details
Basic Information
MLS® ID:
27973992
Listing ID:
X11997475
Status:
Active
Living Area:
2,300 Sq. Ft.
Last Updated:
May 6, 2025
Location
Full Address:
389 Lyle London, Ontario N5W3R6
City:
London
Province/State:
Ontario
Postal Code:
N5W3R6
Country:
Canada
Coordinates:
42.9890633, -81.2290573
Property Details
Property Type:
Retail
Heating:
Forced air, Natural gas
Cooling:
Fully air conditioned
Utility Information
Water Source:
Municipal water
Sewer:
Sanitary sewer
Financial Details
| Detail | Amount |
|---|---|
| List Price | $499,000 |
| Price Per Sq Ft | $216.96 |
| Annual Tax Amount | $9,839 |
Property Features & Amenities
Property Location
London Property Description
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. (id:58062)
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