Bird House Real Estate

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778-780 DUNDAS STREET S, London, Ontario

$529,900

3,485 Square Feet

FULLY VACANT, Mixed-Use, 2-Storey Brick, Commercial/Residential Building in London's Old East Village. BDC Zoning allowing plenty of uses. Excellent opportunity to invest in the future of a revitalized downtown London. Currently containing 2 commercial units (street level) previous office area, board room, 2-pc washroom, as well as a previous barbershop with open retail area, small office, and 2-pc washroom. Also 4 residential units (first and second levels), one (1) x bachelor and three (3) x 2-bedroom apartments, and an unfinished basement for storage and mechanical area. Approximately 3500 sqft on a massive 33 x 203 ft lot in Downtown London with a total of 6,729 sqft. This site has been approved by the City for the up to SIX (6) residential units. The Four (4) current residential units have been gutted and ready for full renovation to force appreciation. City of London has also deemed this site as eligible for the financial incentives for the redevelopment of Old East Village including the following: Facade Improvement Loan, Upgrade to Building Code Loan, Rehab & Redevelopment Tax Grant, and the Combined Tax Grant & Residential Development Charges Grant. Fantastic opportunity to buy and hold or immediately get to work and take advantage of the City of London's financial incentives to achieve the highest and best use with room to renovate 2 commercial retail/office space and a full renovation of the existing and additional residential units. Such a lot size within the City is also unique and rare for future development opportunities. Positioned for maximum visibility, accessibility, and character, this property enjoys a highly convenient location near Downtown, shopping districts, public transit hubs, the Western Fair District, and offers swift access to Highway 401. Fully Vacant and ready to close. (id:23309)

Listing ID: X11948065
Property Type: Retail

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Details

Amenities Nearby: Public Transit, Recreation
Transaction: For sale
Zoning Description: BDC

Building

Cooling: Partially air conditioned
Fireplace Present: False
Heating: Other
Heating Fuel: Natural gas
Size Exterior: 3485 sqft
Size Interior: 3485 sqft
Utility Water: Municipal water

Land

Amenities: Public Transit, Recreation
Size Frontage: 33 ft ,2 in
Size Irregular: Bldg=33.19 x 204.14 FT

Listing provided by RARE REAL ESTATE
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 778-780 DUNDAS STREET S in London Ontario. It was last modified on January 30th, 2025. Contact the Bird House Real Estate to schedule a viewing or to discover other London real estate for sale.

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