East L, London East · MLS® X13871804
5,200 sq ft · Land · Vacant Land · 17 days on market
listed by PAAL WIRRING, RE/MAX REALTY SERVICES INC.
Exceptional development opportunity in the heart of Downtown London! 150 Adelaide St N, together with adjacent 152 Adelaide St N, offers over 10,000 sq. ft. of prime commercial land with flexible zoning permitting a wide range of uses. Ideal for a boutique 2-storey commercial plaza, medical/professional office building with basement parking, car wash and coin laundry combination, retail uses, service commercial operations, and many other permitted commercial developments. Strategically located in a rapidly growing, high-density urban corridor surrounded by numerous high-rise residential buildings, established businesses, and strong pedestrian and vehicle traffic. Excellent exposure, convenient access to major transit routes,and a large local customer base make this a rare investment and development opportunity. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, development potential.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.