1 Commissioners Road East, London | Image 1

1 Commissioners Road East

London, South P

  • Commercial

$X,XXX,XXX
For Sale

Added 6 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: BDC(44)*B-81

  • Age: No Data

  • Taxes: 58584.88

  • MLS®#: X8297206

  • Days on Site: 48 Days

  • Added: May 01, 2024 (6 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO

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.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: London

  • Community: South P

  • Availability Date: See Remarks

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LTS 2, 3, 4, 5 & 6 S/S COMMISSIONERS RD & PT LTS 1, 2, 3, 4,

  • Taxes: $58,585

  • Taxes Type: Annual

Land

  • Cross Street: Wharncliffe Rd. S.

  • Municipality District: London

  • Parcel Number: 084610001

  • Sewer: San+Storm

  • Lot Depth: 183.74 Feet

  • Lot Frontage: 393.74 Feet

  • Lot Irregularities: See Remarks for Broke

  • Zoning: BDC(44)*B-81

Commercial Specific

  • Retail Area: 15215

  • Retail Area Metric: Sq Ft Divisible

  • Sprinklers: Part

  • Total Area: 15215

  • Total Area Metric: Sq Ft Divisible

  • Office Size: 15215

  • Office Size Metric: Sq Ft Divisible

  • Lot Code: Lot

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