389 Lyle Street, London East, ON Image 1

$499,000

Commercial Retail For Sale
MLS - #X11997475
Apr 17- By KING REALTY INC.

389 Lyle Street, London East, ON N5W 3R6

Bed
Bath
2300 Sqft.
Outside/Surface Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

2300 Sqft

About 389 Lyle Street

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, remotely controlled lighting, controlled entry with video surveillance, and an owned hot water tank.

Home Overview

Last updated

Apr 17

Virtual tour

None

Basement information

Building size

2300

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
49900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 389 Lyle Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1905.84/ month
$399,200 Principal and Interest

Some information about this property - Lyle Street

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