$478.97 Per Sq Foot $30,867 est/mo Sourced by Back At You

1455 Fanshawe Park Road W,London, ON N6H 5L3

London ON, N6H 5L3

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Description

Prime Real Estate is pleased to offer for sale one of the best corners in London. This site represents a premium investment and/or development opportunity. The property is fully tenanted with flexible lease terms, offering the unique opportunity to structure/secure market tenancies or owner-occupy. One of the buildings, home of the beloved Four Seasons, offers a turnkey restaurant and reception hall in 4,630 SF with 4,630 SF in the lower level. The site also offers an investor the opportunity to add up to an additional 8,843 SF of retail space. The Official Plan designates this property as a Shopping Area which encourages medium to high density along with retail and mixed-use development. The favourable official plan designation coupled with nearby precedence uniquely positions this property as a high-density opportunity, offering versatility and considerable upside. The property features 351 feet of frontage on Fanshawe Park Road and 200 feet of frontage on Hyde Park Road with daily traffic counts of 21,500. The property is surrounded by active development and is already home to one of the most desirable neighbourhoods and rapidly growing demographics in the City of London. The contiguous 1.414-acre property (1491 Fanshawe Park Road) is owned by the same principals offering a potential land assembly of 3.098 acres for a high-density development.

Details

MLS#40556414
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1993
Days On Site66
Listing Provided ByPRIME REAL ESTATE BROKERAGE | Jamie Dodds

Features

SQ Feet12,005
BasementY
Story(s)1
ZoningRSC2 RSC4 RSC5
Acreage1.68
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.

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Learn More About This Property

ProvinceON
RegionMiddlesex
CityLondon
Postal CodeN6H 5L3
AreaNorth
SubareaNorth T
Community NameNorth T
Listing VS Median (in North T)
Price:
$5,750,000
low | high
Med:
$5,750,000
50% of Average
SqFt:
12,005
low | high
Med:
12,005
50% of Average
$ / SqFt:
$479
low | high
Med:
$479
50% of Average
On Site:
66
low | high
Med:
66.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 11:23:42 AM PDT