$ 1.499.999

535 First Street, London

  • Living area: 23885 square feet
  • MLS®: h4196797
  • Type: Commercial
  • Added: 80 days ago
  • Updated: 80 days ago
  • Last Checked: 6 hours ago
Rare investment opportunity in the heart of London, seconds from Fanshawe College. A low maintenance industrial LI6 zoned property, currently fully leased with two long term triple-A tenants. Property boasts huge development potential with its versatile layout that can be further subdivided into more units, maximizing rental income potential. Whether as a secure investment or a future owner-occupied space, this property carries great potential for growth and large returns! Prospective buyers are to conduct their own due diligence. (id:1945)

Property Details

  • Cooling: Air Conditioned
  • Heating: Other
  • Structure Type: Multi-Tenant Industrial
  • Building Area Total: 23885

Interior Features

  • Living Area: 23885

Exterior & Lot Features

  • Water Source: Municipal water, Unknown
  • Parking Features: Surfaced
  • Lot Size Dimensions: 125 x 190

Location & Community

  • Directions: URBAN

Business & Leasing Information

  • Business Type: Other

Utilities & Systems

  • Sewer: Storm sewer

Tax & Legal Information

  • Tax Year: 2024
  • Tax Annual Amount: 9627.74
  • Zoning Description: LI6

Additional Features

  • Security Features: Smoke Detectors
  • Number Of Units Total: 2
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Max Sold Price
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Avg Sold Price
$468,163
Days until Sold
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Nearby Places

Name
Type
Address
Distance
Knights Inn London
Lodging
1739 Dundas St
1.0 km
Fanshawe College - London Campus
School
1001 Fanshawe College Blvd
1.2 km
East Side Mario's
Restaurant
1915 Dundas St
1.8 km
Dragon Court Restaurant
Meal takeaway
931 Oxford St E
2.4 km
Aeolian Hall
Establishment
795 Dundas St
2.7 km
Western Fair
Establishment
316 Rectory Street
2.9 km
The Royal Canadian Regiment Museum
Museum
701 Oxford St E
3.1 km
Banting House National Historic Site
Museum
442 Adelaide St N
3.3 km
London Police Service
Police
601 Dundas St
3.4 km
H.B. Beal Secondary School
School
London
3.6 km
London District Christian Secondary School
School
24 Braesyde Ave
3.8 km
Catholic Central High School
School
450 Dundas St
3.9 km

Demographic Information

Neighbourhood Education
Master's degree 10
Bachelor's degree 45
University / Above bachelor level 15
Certificate of Qualification 10
College 100
University degree at bachelor level or above 70
Neighbourhood Marital Status Stat
Married 170
Widowed 30
Divorced 50
Separated 30
Never married 340
Living common law 110
Married or living common law 280
Not married and not living common law 445
Neighbourhood Construction Date
1961 to 1980 95
1981 to 1990 95
1991 to 2000 30
2001 to 2005 15
2006 to 2010 10
1960 or before 95
More Details?
  • Gurshawn Gill
  • Homelife Professionals Realty Inc.
  • 905-462-7216