44
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$2,995,000
Est. payment /mo
7,894 SqFt
Active
812 DUNDAS STREET London East (east G), ON N5W2Z7
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 7894
Square Footage 7,894 sqft
Price per Sqft $379
Subdivision East G
MLS® Listing ID X12740736
Property Description
Prime Commercial Real Estate Opportunity in East London, close to the Western Fair Casino Complex, and the new Hard Rock Hotel, this versatile property is ideal for various uses or as a central hub for a single enterprise. With over 7800 sf and approx. 75 parking spots available, this site presents a remarkable opportunity for a growing business to relocate. This property is also ideal for investors looking to transform the space for diverse purposes, such as retail, office, or warehouse, in a dynamic plaza-style setting. Strategically situated at the North/East corner of Dundas St. and Rectory St. in the heart of East London, the site is adjacent to the Provincial Court offices and opposite The Aeolian Hall, offering a prime location east of downtown suited for high-rise apartment development. The area also features a variety of locally owned shops, unique restaurants, and cultural landmarks, enhancing its appeal. The property offers significant potential for future development, with plans available for two 6-storey buildings in an area poised for growth amid high-density multi-family developments. The current zoning allows for a density of up to 250 units per hectare, with the possibility of increasing density further through a zoning amendment. The proposed site plan outlines two 6-floor, 88-unit mid-rise buildings, which complement the completed Phase 2 environmental assessment and underscore the site's readiness for redevelopment. This is an exceptional investment opportunity in a rapidly evolving community. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Forced air,
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://tours.clubtours.ca/cvtnb/361423
Listed by SUTTON GROUP - SELECT REALTY
NEARBY SCHOOL & BUSINESS
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