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$ 7,900,000
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Active
1 Commissioners RD E London, ON N6C 5Z3
15,215 SqFt
UPDATED:
11/04/2024 02:51 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 15,215 sqft
Price per Sqft $519
MLS Listing ID X8297206
Annual Tax Amount $58,584
Tax Year 2023
Property Description
Exceptional investment opportunity for those seeking a fully leased property with significant future development potential. The property totals 1.795 acres and includes a well-maintained 15,215 SF multi-tenant office building. The building has undergone several recent capital improvements and offers excellent exposure, generating traffic count of 34,000 vehicles per day. The building and excess land can be purchased together, or there is an opportunity for the excess land to be severed for the construction of a residential tower. A full confidential information memorandum can be provided once a confidentiality agreement is executed.
Location
State ON
County Middlesex
Zoning BDC(44)*B-81
Interior
Cooling Yes
Inclusions NIL
Exterior
Utilities Available Yes
Others
Security Features Partial
Listed by CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO