389 Lyle Street London, Ontario N5W 3R6
$499,000
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. (id:47351)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | X11997475 |
| Property Type | Retail |
| Community Name | East L |
Building
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 2,300 Ft2 |
| 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/27973992/389-lyle-street-london-east-l
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March 03 2025 08:41:39
Toronto Regional Real Estate Board
King Realty Inc.