389 Lyle Street For Sale

London, East L, N5W 3R6

$499,000

Description

Listed by KING REALTY INC..

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

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  • Address: 389 Lyle Street
  • Neighborhood: East L
  • City: London
  • State: Ontario
  • Postal Code: N5W 3R6

Property Details

  • Property ID: X11997475
  • Property Price: $499,000
  • Style: Commercial/Retail, Multi-Use
  • Garage: Outside/Surface
  • A/C: Y
  • Basement: N
  • Heating: Gas Forced Air Closd
  • Taxes: $9,839.00 (2024)
  • Lot: 87.64x132.33 (Feet)

Property History

This property has been sold 16 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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