NewFor Sale

389 Lyle Street
London East, Middlesex, ON, N5W 3R6

Commercial Retail
TRREB
MLS® Number: X12454905
$497,000List Price
Commercial RetailProperty Type
2,300 sq ftSize
$8,736 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 389 Lyle Street, London East, ON N5W 3R6

0 Transactions by CPRB Agents

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Description

This exceptional commercial property presents a prime investment opportunity in a desirable London location. The approx. 2,300-square-foot building, situated between York, King, and Dundas Streets, offers convenient on-site around 12 car parking. Its versatile zoning accommodates a wide range of business uses. Recent renovations, totaling approximately $130,000, include a newly converted four-bedroom, two-bathroom residential unit upstairs, which is currently rented with monthly rent of CAD $ 1800. Oct 2025 - new roof. The main floor offers significant potential for various commercial ventures, such as office space, restaurants, or wellness centers. This unique property combines the benefits of live-in accommodation and a ground-floor business area, ideally suited for entrepreneurs seeking to minimize living expenses while operating their business. Further enhancing its appeal are wheelchair accessibility features, controlled entry with video surveillance, and an owned hot water tank.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$8,736 / 2025
Listing #:X12454905
Property Type:Commercial Retail
Size:2,300 sq ft
Land Size:132.33 x 87.64
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:HOMELIFE/MIRACLE REALTY LTD

Rooms

Details

Property

Property Type:Commercial Retail
Community:East L
Municipality:Middlesex

Building

Size:2,300 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed
Utility Sewer:Sanitary

Land

Cross Street:Dundas St and Lyle St

$497,000

List price

389 Lyle Street, London East – Commercial Retail for sale · MLS® # X12454905