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$ 499,000
Est. payment /mo
Active
389 Lyle ST London, ON N5W 3R6
2,300 SqFt
UPDATED:
03/03/2025 06:22 PM
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.