$499,900
Available - For Sale
Listing ID: X10409056
389 Lyle St , London, N5W 3R6, Ontario
| 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: | $8851.92 |
| 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 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | Y |
| Total Area: | 2300.00 |
| 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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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXECUTIVE HOMES REALTY INC. |
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Dir:
416-828-2535
Bus:
647-462-9629
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East L |
| Lot Size: | 132.33 x 87.64(Feet) |
| Tax: | $8,851.92 |
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