$235.45 Per Sq Foot $17,984 est/mo Sourced by Back At You

743 Wellington Road,London, ON N6C 4R5

London ON, N6C 4R5

Share with a friend

Description

Prime commercial property fronting on busy Wellington Road South on the new Bus Rapid Transit North/South Corridor with average traffic counts of 41,500 vehicles per day. Situated on 1.145 acres, the property has superior exposure to a major arterial road and transit, and is well suited for high density high-rise development. The site is currently improved with a 14,228 sq ft split level office building comprised of 9,097 sq ft finished space above grade and 5,131 sq ft of finished space at or below grade. Split-level building style with several entrances and is easily divisible. Space is comprised of private offices, work spaces, boardrooms and meeting rooms. Close to all amenities including London Health Sciences Centre, White Oaks Mall, schools, churches, shopping and restaurants. Zoning allows Offices, Medical/Dental Offices, Clinics, Medical/Dental laboratories, Business service establishments, Day care centres, Personal service establishments and Financial institutions. The property is located just 1.5 km from London Health Sciences Centre and is across the street from Westminster Ponds, a 200-hectare environmentally significant area with ponds and walking trails. Lots of onsite parking with 42 parking spaces. Easy access to the 401 and downtown. The London Plan designates the site as Rapid Transit Corridor with Rapid Transit Boulevard street classification, providing an opportunity for intensification. Preliminary pre-consultation planning suggests a variety of development options exist ranging from an 11-unit, 2 storey townhouse development up to 12-16 storey apartment high-rise with up to 208 units. Also available For Lease (MLS #40557077)

Details

MLS#40608676
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site20
Listing Provided ByA TEAM LONDON | Bradley Gleed

Features

SQ Feet14,228
BasementY
Story(s)2
ZoningRO1
Acreage1.15
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

Request a showing

Request a showing

Loading Form
Listings Checked: 52 seconds ago
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6C 4R5
AreaSouth
SubareaSouth R
Community NameSouth R
Listing VS Median (in South R)
Price:
$3,350,000
low | high
Med:
$499,000
100% of Average
SqFt:
14,228
low | high
Med:
746
100% of Average
$ / SqFt:
$235
low | high
Med:
$669
100% of Average
On Site:
20
low | high
Med:
103.000000
19.417475728155% of Average
Sourced by Back At You
Listing Updated: July 12, 2024 at 9:13:58 AM PDT