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For Sale

1188 Frances Street, London East, ON N6G 0A8

$899,000

  • 2 Bathrooms
  • Industrial
  • MLS® X13496842

Listing Brokerage: RE/MAX CENTRE CITY REALTY INC.

Description

Located at the corner of Frances and Ashland, rare opportunity to purchase an industrial building plus a single family residence municipally known as 1188 Frances Street and 295 Ashland Avenue. Building consists of 2,696 square feet including 715 square feet of office space and 2 washrooms. Two warehouse areas of 713 and 1,268 square feet. Building has been well maintained. Ceramic flooring and drywall replaced in the office area, new HVAC in 2019 and the front roof area also replaced in 2019. Single family residence consisting of 3 bedrooms with full basement is in the process of being fully renovated including new kitchen, completely new bath, flooring, trim etc. Market rent estimated at $1,800.00. Light industrial zoning-LI1, LI7 & LI8 permits a wide array of uses including building/contracting establishments, warehouse & wholesale establishments, service repair establishments, light manufacturing. Lot area of 9235.43 sq. ft (0.212 ac) with lot dimensions of 31.08x150.99x154.81x36.78x23.76x114.21. Ample on site parking.

Property details

MLS® number
X13496842
Transaction
For Sale
Property type
Commercial
Style / use
Industrial
Community
East M
City
London East
Bathrooms
2
Building area
2696 Square Feet
Lot width
31.08 Feet
Lot depth
150.99 Feet
Heating
Gas Forced Air Open
Cooling
Partial
Garage
None
Taxes
$4,607.00
Tax year
2025
Business type
Warehouse
Office area
715
Industrial area
1981
Clear height (ft)
10
Drive-in doors
1
Listing brokerage
RE/MAX CENTRE CITY REALTY INC.

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