387 Clarence Street, London | Image 1

387 Clarence Street

London, East K

  • Commercial

$850,000
For Sale

Added 4 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: DA1

  • Age: 100+ years

  • Taxes: 16217.58

  • MLS®#: X9388838

  • Days on Site: 135 Days

  • Added: Oct 08, 2024 (4 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE TRILAND REALTY

Everyone knows this Iconic address in Downtown London. 387 Clarence Street, formerly known as the "Bud Gowan Antiques" building, this site is prime for redevelopment of something truly unique. With zoning which allows numerous uses from Commercial to Residential applications, the possibilities are endless. Situated in the true heart of Downtown London and with many newly built and proposed residential units surrounding the area, this can be a great location for your new business (ad)venture. Two new residential towers, and one just recently opened, are planned to rise just next door to the south which means a possible captive audience of potentially hundreds of new downtown residents for various business applications. The building has been cleared to the brick walls and is a blank canvass for you to create your masterpiece. Be a part of the downtown renaissance. This is where it can begin.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: London

  • Community: East K

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: None

  • UFFI: No

  • Energy Certificate: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 6, S/W DUNDAS STREET, AS IN LC168410; S/T LC

  • Taxes: $16,218

  • Taxes Type: Annual

Land

  • Cross Street: KING STREET

  • Municipality District: London

  • Parcel Number: 083210048

  • Sewer: Sanitary

  • Lot Depth: 109.81 Feet

  • Lot Frontage: 33.4 Feet

  • Zoning: DA1

Commercial Specific

  • Rail: N

  • Retail Area: 12000

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 12000

  • Total Area Metric: Sq Ft

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

Map of 387 Clarence Street, London
JK-8

Wortley Road Public School

Elementary: Public
1.91 km
JK-8

St Georges Public School

Elementary: Public
1.62 km
JK-8

St Martin

Elementary: Catholic
1.63 km
JK-8

Tecumseh Public School

Elementary: Public
1.68 km
JK-8

St. John French Immersion School

Elementary: Catholic
1.28 km
K-8

Lord Roberts Public School

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1.07 km
9-12

G A Wheable Secondary School

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2.61 km
9-12

B Davison Secondary School Secondary School

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2.33 km
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London South Collegiate Institute

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1.65 km
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London Central Secondary School

Secondary: Public
0.60 km
9-12

Catholic Central High School

Secondary: Catholic
0.75 km
9-12

H B Beal Secondary School

Secondary: Public
1.11 km
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