$1,899,000
For sale: Other

Offering approximately 4,800 square feet on a 0.91-acre site, this well-maintained industrial building combines clean warehouse space, modern offices, and valuable outdoor storage. Three oversized drive-in doors, 18-foot clear height, 600-amp electrical service, and generous on-site parking create an efficient workspace for a wide range of industrial and commercial users. The current layout provides approximately 80% warehouse and 20% office space, including staff facilities and multiple washrooms. The building can accommodate a single tenant seeking a headquarters operation or may be demised into smaller units, with opportunities as small as approximately 1,000 square feet. Previously leased for $8200+HST. Located within London's east industrial district with convenient access to Veterans Memorial Parkway, Highway 401, and major transportation routes, this property offers the flexibility and professional appearance today's businesses demand. GI1 zoning allows for many uses, including automotive. Great opportunity for an owner occupied unit with additional rental income, yard storage and more.
Sold data
Homes in London East (East E) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 52, across 1,083 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $549,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 1,083 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East E) 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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