$ 499,900
389 Lyle Street London, ON N5W 3R6
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Listed by Himanshu Sood • EXECUTIVE HOMES REALTY INC
$ 499,900
Est. payment /mo
Active
389 Lyle Street London, ON N5W 3R6
2,300 SqFt
UPDATED:
11/05/2024 09:47 PM
Key Details
Property Type Commercial
Sub Type Retail,Building Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,300 sqft
Price per Sqft $217
MLS Listing ID 40674068
Abv Grd Liv Area 2,300
Originating Board Mississauga
Annual Tax Amount $8,851
Property Description
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 4
bed 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.
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 4
bed 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.
Location
Province ON
County Middlesex
Area East
Zoning Commercial BDC
Direction Dundas St and Lyle St
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Waterfront No
Lot Frontage 132.33
Lot Depth 87.64
Garage No
Building
Lot Description City Lot, Public Transit
Faces Dundas St and Lyle St
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 083110018
Ownership Freehold/None
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