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812 Dundas St 7,894 SF Retail Building London, ON N5W 2Z7 $2,195,555 USD ($278.13 USD/SF)
Investment Highlights
- Prime Commercial Real Estate Opportunity in East London, close to the Western Fair Casino Complex and the new Hard Rock Hotel!
Executive Summary
Prime Commercial Real Estate Opportunity in East London, close to the Western Fair Casino Complex and the new Hard Rock Hotel, this versatile property is ideal for various uses or as a central hub for a single enterprise. With over 7800 sf and approx. 75 parking spaces are available, and a 12'H x 8'W grade-level loading dock leads into the warehouse, with a fenced compound area. This site presents a remarkable opportunity for a growing business to relocate. This property is also ideal for investors looking to transform the space into a dynamic plaza-style setting for diverse uses, including retail, office, and warehouse. Strategically situated at the North/East corner of Dundas St. and Rectory St. in the heart of East London, the site is adjacent to the Provincial Court offices and opposite The Aeolian Hall, offering a prime location east of downtown suited for high-rise apartment development. The area also features a variety of locally owned shops, unique restaurants, and cultural landmarks, enhancing its appeal. The property offers significant potential for future development, with plans available for two 6-storey buildings in an area poised for growth amid high-density multi-family developments. The current zoning permits a density of up to 250 units per hectare, with the possibility of increasing it further through a zoning amendment. The proposed site plan outlines two 6-floor, 88-unit mid-rise buildings, which complement the completed Phase 2 environmental assessment and underscore the site's readiness for redevelopment. This is an exceptional investment opportunity in a rapidly evolving community.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,894 SF
Building Class
C
Year Built
1988
Price
$2,195,555 USD
Price Per SF
$278.13 USD
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.21
Lot Size
0.85 AC
Zoning
BDC(19)*D250*H46 - Business District Commercial
Parking
77 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
132’ on Dundas St
Amenities
- Fenced Lot
- Security System
- Signalized Intersection
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (76)
Nearby Major Retailers
1 of 87
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812 Dundas St
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