London, ON N5W 3R6,389 Lyle ST
London, ON N5W 3R6,389 Lyle ST
London, ON N5W 3R6,389 Lyle ST
London, ON N5W 3R6,389 Lyle ST
London, ON N5W 3R6,389 Lyle ST
London, ON N5W 3R6,389 Lyle ST
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Mahesh Khatri

Mahesh Khatri

Sapphire Real Estate Inc

+1(416) 464-6568
$ 499,000
Est. payment | /mo

2,300 SqFt


Save
$ 499,000
Est. payment | /mo
Save

2,300 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $216

Subdivision East L

MLS Listing ID X11997475

Annual Tax Amount $9,839

Tax Year 2024

Property Sub-Type Commercial Retail

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, an intercom system, remotely controlled lighting, controlled entry with video surveillance, and an owned hot water tank.

Location

Province ON

County Middlesex

Community East L

Area Middlesex

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 132.33

Lot Depth 87.64

Others

Security Features Yes

Listed by KING REALTY INC.
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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389 Lyle ST