389 LYLE STREET London

389 LYLE STREET, London, Ontario

$499,000

  • 2,300 Square Feet

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:50212)

  • Listing ID: X11997475
  • Property Type: Retail

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Details

  • Transaction: For sale
  • Zoning Description: Commercial - BDC OR

Building

  • Appliances: Dryer, Stove, Washer, Refrigerator
  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2300 sqft
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 132 ft ,3 in
  • Size Irregular: 132.33 x 87.64 FT
MLS®

Listing provided by KING REALTY INC.
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REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 389 LYLE STREET in London Ontario. It was last modified on March 3rd, 2025. Contact Prashanth Prabakaran to schedule a viewing or to discover other London real estate for sale.

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