525 First Street, London | Image 1

525 First Street

London, East H

  • Commercial

$2,495,000
For Sale

Added 3 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: LI1

  • Age: No Data

  • Taxes: 27839.64

  • MLS®#: X8393084

  • Days on Site: 42 Days

  • Added: May 31, 2024 (3 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: HOMELIFE FRONTIER REALTY INC.

Prime Commercial Investment Opportunity: 20,233 Sq.Ft Freestanding Plaza in East London. 10 Fully Occupied Units, 200 x 190 Feet situated on .87 of an Acre of Land located just north of Dundas Shopping corridor. 17+ Parking Spaces in front & Extra Parking at the back. Great exposure from Dundas Street. Equipped with 2 Drive-In Doors & 3 Loading Docks. Zoning: LI1 Light Industrial, permitting a wide range of uses. Prime Location next to Argyle Mall (Walmart, Staples, SportChek, Canadian Tire & more), 15 mins Drive to Hwy 401 & 13 mins to London Airport. *DO NOT GO DIRECT.*

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: London

  • Community: East H

  • Availability Date: T.B.A

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: PART LOT 2 PLAN 854 AS IN 669068; SUBJECT TO 403927 LONDO/LONDON

  • Taxes: $27,840

  • Expenses: Est

  • Taxes Type: Annual

Land

  • Cross Street: First St / Dundas St

  • Municipality District: London

  • Sewer: San+Storm

  • Lot Depth: 190 Feet

  • Lot Frontage: 200 Feet

  • Zoning: LI1

Shipping Doors

  • Clearing Height (ft): 17

Commercial Specific

  • Shipping Doors Truck Level: 3

  • Rail: A

  • Retail Area: 20233

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 20233

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 20233

  • Industrial Area Metric: Sq Ft

  • Office Size: 20233

  • Office Size Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Building Percent: 100

  • Financial Statement: Y

  • LLBO: N

Map of 525 First Street, London
JK-8

Robarts Provincial School for the Deaf

Elementary: Provincial
1.44 km
4-8

Robarts/Amethyst Demonstration Elementary School

Elementary: Provincial
1.44 km
JK-8

St Pius X Separate School

Elementary: Catholic
1.40 km
JK-6

Académie de la Tamise

Elementary: Public
0.85 km
JK-8

Franklin D Roosevelt Public School

Elementary: Public
0.80 km
JK-8

Prince Charles Public School

Elementary: Public
1.28 km
9-12

Robarts Provincial School for the Deaf

Secondary: Provincial
1.44 km
Pre-Grade 9-12

Robarts/Amethyst Demonstration Secondary School

Secondary: Provincial
1.44 km
9-12

Thames Valley Alternative Secondary School

Secondary: Public
1.12 km
9-12

Montcalm Secondary School

Secondary: Public
2.87 km
9-12

John Paul II Catholic Secondary School

Secondary: Catholic
1.25 km
9-12

Clarke Road Secondary School

Secondary: Public
2.05 km
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