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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: AC4
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Age: No Data
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Taxes: 48779.41
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MLS®#: X11935002
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Added: Jan 22, 2025 (7 hours ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: COLLIERS SOUTHWESTERN ONTARIO
Introducing a unique investment opportunity with three adjacent properties located at 675 Adelaide Street North, 681Adelaide Street North, and 598 Pall Mall Street in London, Ontario. These properties, offering a mix of commercial and residential spaces, are strategically positioned on a high-traffic corner lot adjacent to the new multi-million dollar Adelaide Street Underpass, making them ideal for business or redevelopment potential. The properties encompass a total land area of approximately 0.65 acres, with a combination of freehold and commercial zoning (AC4), providing flexible use options. A huge newly erected pylon sign provides excellent drive-by exposure for the Tenants. The properties must be sold together, presenting a consolidated investment that is perfect for developers or investors seeking to expand their portfolio in a prominent location. NOTE: The Seller would consider offering VTB financing to a serious Buyer.
Extras
Property taxes in listing are combined for all 3 properties.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: London
Community: East K
Availability Date: FLEX
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Tax Legal Description: PART LOTS 4 & 5 PLAN 54(E) AS IN 822026 SAVE AND E
Taxes: $48,779
Taxes Type: Annual
Land
Cross Street: Adelaide St & Pall M
Municipality District: London
Parcel Number: 082780266
Sewer: San+Storm Avail
Lot Depth: 143.9 Feet
Lot Frontage: 190 Feet
Lot Irregularities: 3 Parcel Irreg Size
Zoning: AC4
Commercial Specific
Rail: N
Retail Area: 2100
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 10000
Total Area Metric: Sq Ft
Office Size: 7900
Office Size Metric: Sq Ft
Lot Code: Lot
St Michael
Elementary: CatholicKnollwood Park Public School
Elementary: PublicSt Mary School
Elementary: CatholicEast Carling Public School
Elementary: PublicSt Georges Public School
Elementary: PublicLord Roberts Public School
Elementary: PublicÉcole secondaire Gabriel-Dumont
Secondary: PublicÉcole secondaire catholique École secondaire Monseigneur-Bruyère
Secondary: CatholicB Davison Secondary School Secondary School
Secondary: PublicLondon Central Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public
