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:35762)
BusinessType | Retail and Wholesale |
BusinessSubType | Retail misc. |
MLS® Number | X11997475 |
Property Type | Retail |
Community Name | East L |
Appliances | Dryer, Stove, Washer, Refrigerator |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 2300 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 87 Ft ,7 In |
SizeFrontage | 132 Ft ,3 In |
SizeIrregular | 132.33 X 87.64 Ft |
SizeTotalText | 132.33 X 87.64 Ft |
ZoningDescription | Commercial - Bdc Or |
https://www.realtor.ca/real-estate/27973992/389-lyle-street-london-east-east-l-east-l
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Maninder Bhatia
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