6
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$2,400,000
Est. payment /mo
10,000 SqFt
Active
675 Adelaide ST N London, ON N5Y 2L4
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UPDATED:
02/14/2025 07:50 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $240
Subdivision East K
MLS Listing ID X11935002
Annual Tax Amount $48,779
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Introducing a unique investment opportunity with three adjacent properties located at 675 Adelaide Street North, 681Adelaide Street North, and 598 Pall Mall Street in London, Ontario. These properties, offering a mix of commercial and residential spaces, are strategically positioned on a high-traffic corner lot adjacent to the new multi-million dollar Adelaide Street Underpass, making them ideal for business or redevelopment potential. The properties encompass a total land area of approximately 0.65 acres, with a combination of freehold and commercial zoning (AC4), providing flexible use options. A huge newly erected pylon sign provides excellent drive-by exposure for the Tenants. The properties must be sold together, presenting a consolidated investment that is perfect for developers or investors seeking to expand their portfolio in a prominent location. NOTE: The Seller would consider offering VTB financing to a serious Buyer. **EXTRAS** Property taxes in listing are combined for all 3 properties.
Location
Province ON
County Middlesex
Community East K
Area Middlesex
Zoning AC4
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 190.0
Lot Depth 143.9
Others
Security Features No
Listed by COLLIERS SOUTHWESTERN ONTARIO