$275,000
For sale: Other

Prime Industrial Development Opportunity - Vacant Land. This is an exceptional opportunity to acquire a cleared front 54.17 ft wide vacant parcel in one of East London's established industrial and employment corridors. The previous structure has been professionally demolished, creating a clean slate for future development, subject to all required municipal approvals. Featuring LI1, LI7, and LI8 zoning, the property offers excellent flexibility for a wide variety of permitted industrial and complementary commercial uses. Ideally situated with convenient access to Highbury Avenue, Egerton St access to the London Downtown corridor, and Highway 401, this location provides outstanding connectivity throughout London and Southwestern Ontario. Surrounded by an established mix of manufacturing, warehousing, automotive, service commercial, and industrial businesses, the property is well positioned for owner-occupiers, developers, and investors alike. The property is located just minutes from the London Police Collision Reporting Centre, numerous automotive service and collision repair businesses, public transit, restaurants, retail services, and other commercial amenities supporting day-to-day business operations. Municipal services, Hydro, gas and Sewer are available at the lot. Rarely does a development-ready industrial parcel of this size and strategic location become available. Whether you're planning a new facility, expanding your operations, or securing a long-term investment, this property presents an outstanding opportunity within one of London's most accessible industrial corridors.
Sold data
Other homes in London East (East M) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East M) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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