ON > London East > East L
London East, ON N5W 3R6,389 Lyle ST
London East, ON N5W 3R6,389 Lyle ST
London East, ON N5W 3R6,389 Lyle ST
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Jacqui VandenHeuvel

Jacqui VandenHeuvel

+1(905) 926-4399
$497,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision East L

MLS Listing ID X12454905

Annual Tax Amount $8,736

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

This exceptional commercial property presents a prime investment opportunity in a desirable London location. The approx. 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, which is currently rented with monthly rent of CAD $ 1800. Oct 2025 - new roof. 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, controlled entry with video surveillance, and an owned hot water tank.

Location

State ON

County Middlesex

Community East L

Area Middlesex

Zoning Commercial - BDC OR

Interior

Cooling Yes

Inclusions S/S Fridge, S/S Stove, Washer and dryer, Light fixtures, Brand new A.C, Brand New Furnace, Hot watertank

Exterior

Parking Features Outside/Surface

Utilities Available Yes

Building

Lot Description Lot

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Lited by HOMELIFE/MIRACLE REALTY LTD

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Jacqui VandenHeuvel

Jacqui VandenHeuvel

+1(905) 926-4399

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