Matthew Tenk
Broker of Record
389 Lyle Street London, Ontario N5W 3R6
$499,900
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. (id:39551)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X10409056 |
| Property Type | Retail |
| Community Name | East L |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Cooling Type | Fully Air Conditioned |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2300 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 87 Ft ,7 In |
| Size Frontage | 132 Ft ,3 In |
| Size Irregular | 132.33 X 87.64 Ft |
| Size Total Text | 132.33 X 87.64 Ft |
| Zoning Description | Commercial - Bdc Or |
https://www.realtor.ca/real-estate/27621990/389-lyle-street-london-east-l
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Toronto Real Estate Board
Executive Homes Realty Inc.
November 07 2024 06:59:01
