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Active Under Contract
1288-1292 Highbury AVE N London East, ON N5Y 1B4
4,659 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,659 sqft
Price per Sqft $407
Subdivision East D
MLS Listing ID X13468460
Annual Tax Amount $22,907
Tax Year 2025
Property Sub-Type Office
Property Description
Excellent Investment or Owner-Occupier Opportunity in Northeast London! Rare offering of two side-by-side properties (1288 &1292 Highbury Ave) with 2 freestanding buildings available for sale on high-profile Highbury Avenue North, directly across from major commercial plazas featuring Walmart, Value Village, Giant Tiger, Dollarama, Metro & Shoppers Drug Mart & close to Fanshawe College. Combined site area of 0.576 acres with 150.38 ft. of frontage along Highbury & 28 on-site parking spaces.1288 Highbury Ave N: Features a 3,600 SF freestanding commercial building.100% leased, providing immediate income. (Main Floor: 3,300 SF, 2nd Floor: 300 SF) Unit 1: Insurance Office: 1,100 SF. Unit 2: Optometrist: 2,200 SF + 300 SF on 2nd Level = 2,500 SF Concrete block construction on slab-on-grade foundation (no basement). The building was engineered for a future 2nd-storey addition, offering potential for 3,200 SF of additional space (subject to approvals). 2nd floor foyer already in place. New Roof (1&1/2 yrs ago) ($150,000) with 20yr. warranty. Fibre Optics. Heating / Cooling: 2 HVAC systems (2 A/C units). Units separately metered for Gas & Hydro. Main floor common foyer & public washroom. Site Area:0.288 acres (75.19ftx167.22ft)1292 Highbury Ave. N. is a vacant 1,059 SF freestanding building (808 SF main floor + 251 SF garage) with an additional 866 SF unfinished lower level, for a total area of 1,966 SF. Excellent owner / occupier opportunity. Previously a Doctor's office & suitable for medical/dental, optometry. Professional office. Commercial or potential residential use (subject to approvals). Layout includes reception/foyer area, 2 offices/bedroom, kitchen area, 4-piece bathroom & large office/living room. Pitched roof with shingles. Newer Roof ($30,000). Site Area:0.288 acres (75.19ftx167.21ft) Rare opportunity to acquire an income-producing asset together with a vacant owner-occupier building in a highly visible, high traffic commercial corridor.
Location
Province ON
County Middlesex
Area Middlesex
Zoning ASA1,ASA3
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 150.38
Lot Depth 167.21
Others
Security Features No
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO