29,097 ft2
Fully Air Conditioned
Forced Air
$5,800,000
Prime opportunity to acquire a fully renovated, turnkey mixed-use commercial building in a high-visibility location. This exceptional investment is currently home to four established tenants, including a dental office, Asmara Café, a security company, and a fitness gym, providing a strong and diversified income stream. In addition, the property offers vacant space that is ideal for an owner-occupier or can be leased to generate additional rental income and enhance future returns. The favourable RSC2 and RSC4 zoning permits a wide range of commercial uses, making this an excellent opportunity for investors or business owners seeking flexibility and long-term growth potential. The building has undergone extensive renovations and capital improvements, including: Roof replacement (2018) New elevator (2017) Complete office build-out (2017) Café build-out (2019) UPS system with backup generator and automatic transfer switch (2017) Eight new HVAC units installed since 2018 This well-maintained property combines stable tenancy, modern infrastructure, and future leasing potential, making it an outstanding investment opportunity for both owner-users and investors alike. (id:28006)
Business
|
Business Type
|
Other |
|
Business Sub Type
|
Professional office(s) |
Property Details
|
MLS® Number
|
X13614158 |
|
Property Type
|
Office |
|
Community Name
|
East L |
|
Features
|
Elevator |
|
Parking Space Total
|
90 |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
29,097 Ft2 |
|
Type
|
Offices |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Size Depth
|
268 Ft |
|
Size Frontage
|
154 Ft ,11 In |
|
Size Irregular
|
154.93 X 268.03 Ft |
|
Size Total Text
|
154.93 X 268.03 Ft |
|
Zoning Description
|
Rsc2 Rs |
https://www.realtor.ca/real-estate/30088301/700-york-street-london-east-east-l-east-l