1,789 ft2
Fully Air Conditioned
Forced Air
$750,000
Rare opportunity in downtown London a live/work property combining prime commercial space with a beautiful residence. The front commercial unit offers outstanding exposure to over 80,000 cars daily and features huge windows to showcase your business. Zoning allows for many uses, from a bakery (equipment negotiable) to yoga/fitness, retail, or office. The lower level adds 1,485 sq. ft. of storage/workshop space for extra functionality. The back half of the building is a spacious two-bedroom plus loft home with vaulted ceilings, a large 9 x 6 bathroom with walk-in shower, bright living areas, and generous bedrooms. Step outside to a sprawling deck overlooking a landscaped, fully fenced yard with fruit trees and gardens. Parking for potentially up to four vehicles adds convenience, while recent upgrades include a newer roof, newer windows, and excellent insulation. This property offers incredible flexibility: live in the back and operate your business in the front, rent the residential side while using the commercial space, or live in the home and lease the storefront as a mortgage helper. Separate commercial taxes ($4,232.87) and residential taxes ($1,260.93) help keep ownership efficient. Seller is open to VTB, creating even more opportunity. With its unbeatable exposure, versatile zoning, and move-in-ready home, this property is ideal for entrepreneurs, investors, or anyone seeking a perfect live/work setup in a high-visibility downtown location. (id:47351)
Property Details
|
MLS® Number
|
X12419372 |
|
Property Type
|
Retail |
|
Community Name
|
East K |
Building
|
Appliances
|
Dishwasher, Dryer, Washer |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,789 Ft2 |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
109 Ft ,9 In |
|
Size Frontage
|
44 Ft ,9 In |
|
Size Irregular
|
44.75 X 109.78 Ft |
|
Size Total Text
|
44.75 X 109.78 Ft |
|
Zoning Description
|
Bdc |
https://www.realtor.ca/real-estate/28896441/225-wellington-street-london-east-east-k-east-k