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$499,900
Available - For Sale
Listing ID: X10409056
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.
Price $499,900
Taxes: $8,851.92
Tax Type: Annual
Occupancy by: Own+Ten
Address: 389 Lyle St , London, N5W 3R6, Ontario
Postal Code: N5W 3R6
Province/State: Ontario
Lot Size: 132.33 x 87.64 (Feet)
Directions/Cross Streets: Dundas St and Lyle St
Zoning: Commercial - BDC
Category: Multi-Use
Use: Retail Store Related
Building Percentage: Y
Total Area: 2,300
Total Area Code:  Sq Ft
Retail Area: 50
Retail Area Code: %
Franchise: N
Seats: 0
LLBO: N
Expenses Actual/Estimated: $Est
Sprinklers: Y
Clear Height Feet: 0
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Elevator Lift: None
Sewers: Sanitary
Water: Municipal
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EXECUTIVE HOMES REALTY INC.

389 Lyle St , London, N5W 3R6, Ontario


 
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Type: Com - Commercial/Retail
Area: Middlesex
Municipality: London
Neighbourhood: East L
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Lot Size: 132.33 x 87.64(Feet)
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Tax: $8,851.92
Maintenance Fee: $0
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