Office

700 York Street

London East (East L), Ontario N5W2S8

$5,800,000

MLS® X13614158

  • 29,097 sq ftInterior
  • 154.93 x 268.03 FTLot size
  • 90Parking

Overview

Prime opportunity to acquire a fully renovated, turnkey mixed-use commercial building in a high-visibility location. This exceptional investment is currently home to four established tenants, including a dental office, Asmara Café, a security company, and a fitness gym, providing a strong and diversified income stream. In addition, the property offers vacant space that is ideal for an owner-occupier or can be leased to generate additional rental income and enhance future returns. The favourable RSC2 and RSC4 zoning permits a wide range of commercial uses, making this an excellent opportunity for investors or business owners seeking flexibility and long-term growth potential. The building has undergone extensive renovations and capital improvements, including: Roof replacement (2018) New elevator (2017) Complete office build-out (2017) Café build-out (2019) UPS system with backup generator and automatic transfer switch (2017) Eight new HVAC units installed since 2018 This well-maintained property combines stable tenancy, modern infrastructure, and future leasing potential, making it an outstanding investment opportunity for both owner-users and investors alike. (id:57793)

Property details

MLS® number
X13614158
Price
$5,800,000
Listing
For sale
Property type
Office
Building type
Offices
Interior size
29,097 sq ft
Lot size
154.93 x 268.03 FT
Parking spaces
90
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Water
Municipal water
Zoning
RSC2 RS
Annual taxes
$39,224

Features

  • Other
  • Elevator

Location

Address
700 York Street
City
London East (East L)
Area
East L
Province
Ontario
Postal code
N5W2S8
Country
Canada

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