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$ 899,900
Est. payment /mo
New
519 Oxford ST E London East, ON N5Y 3H8
4 Baths
3,089 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 3,089 sqft
Price per Sqft $291
Subdivision East F
MLS Listing ID X12137636
Annual Tax Amount $18,542
Tax Year 2024
Property Sub-Type Office
Property Description
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 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.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 50.0
Lot Depth 161.75
Others
Security Features Partial
Virtual Tour https://www.youtube.com/embed/cnl9djOWMpQ?si=0rcfhdYRrZWZd3oa
Listed by SUTTON GROUP - SELECT REALTY