1188 Frances Street, London East, ON N6G 0A8

London East, ON

MLS® X13496842 · For Sale

$899,000

Located at the corner of Frances and Ashland, rare opportunity to purchase an industrial building plus a single family residence municipally known as 1188 Frances Street and 295 Ashland Avenue. Building consists of 2,696 square feet including 715 square feet of office space and 2 washrooms. Two warehouse areas of 713 and 1,268 square feet. Building has been well maintained. Ceramic flooring and drywall replaced in the office area, new HVAC in 2019 and the front roof area also replaced in 2019. Single family residence consisting of 3 bedrooms with full basement is in the process of being fully renovated including new kitchen, completely new bath, flooring, trim etc. Market rent estimated at $1,800.00. Light industrial zoning-LI1, LI7 & LI8 permits a wide array of uses including building/contracting establishments, warehouse & wholesale establishments, service repair establishments, light manufacturing. Lot area of 9235.43 sq. ft (0.212 ac) with lot dimensions of 31.08x150.99x154.81x36.78x23.76x114.21. Ample on site parking.

Listed by RE/MAX CENTRE CITY REALTY INC.