519 Oxford St E,London, ON N5Y
London, ON N5Y
Description
MIXED USE OPPORTUNITY! You're a smart business owner: you know that having your business on a high-visibility corridor with a traffic count of 33,000 car per day makes sense. You recognize the value in owning a mixed-use property with OC4 AND R3 ZONING, a professional office already set up with 2 large and private office/treatment rooms (each with their own private entrances as well as being accessible from the reception area), a separate reception area as well as 2 additional treatment rooms or offices on the main floor. The upper floors contain 2 RESIDENTIAL APARTMENTS with their own private entrances and this added income reduces your operating costs allowing you to focus on what you do best: running your business. Built in 1910 and nicely updated over the years, this building encompasses a total floor area of 3,089 sq. ft. , including 1,081 sq. ft of interior office space on the main floor. The building sits on a 0.19-acre lot measuring 50' x 161.75' and features parking for approximately 10 vehicles. Main Floor Features: four professional offices, one of which can be separated into a self-contained practice w/its own entrance and washroom; a welcoming reception area and waiting room; accessible washroom and storage room. Upper Floors: on the second floor a recently renovated (2022) one-bedroom, one-bath residential unit with private balcony; and on the second/third floors another one-bedroom, one-bath unit. Additional Highlights: signage allowed with municipal permit; updated HVAC, plumbing, and electrical systems (2012); exterior updates including triple-pane windows, shingles, eaves, and downspouts (2012), and decking (2014); Forced air gas furnace and central air. This property presents a solid redevelopment, owner-occupied, or investment potential. Ideal for professionals seeking office space with supplementary residential income or those looking to reposition a well-located property in a growing urban market. Full investment package available upon request.
Details
| MLS # | X12137636 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 66 |
| Listing Provided By | SUTTON GROUP - SELECT REALTY | X12137636 798000 |
Features
| Bath(s) | 4 |
|---|---|
| SQ Feet | 3,089 |
| Acreage | 0.07 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Public Transit |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London |
| Postal Code | N5Y |
| Area | East F |
| Listing VS Median (in N5Y) | |
Price: $899,900 low | high Med: $649,900 SqFt: 3,089 low | high Med: 6,566 $ / SqFt: $291 low | high Med: $166 On site: 66 low | high Med: 38.500000 | |