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$495,000 (+16%) Sale
Listed 147 days ago
156 Borden Avenue
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Listing History
Buy/Sell/Terminated/Expired listing history for 156 Borden Avenue
Key Facts
Key facts for 156 Borden Avenue
Property Type
Commercial
Parking
-
MLS #
X12139703
Size
-
Basement
-
Listed on
2025-05-10
Lot size
66 x 132.0
Tax
$2,577 /yr
Days on Market
148
Approximate Age
-
Maintenance Fee
-
Description
Prime Commercial Investment Opportunity - High Visibility Location. Unlock the potential of this uniquely positioned commercial property in a rapidly developing corridor. Zoned Hamlet Commercial with strong potential to upgrade to Highway Commercial - the Town has expressed openness to this transiti...on. Located directly across from a newer Tim Hortons and Esso gas station, this high-traffic site is ideal for a wide range of commercial uses. Just minutes from Highway 401 and the City of London, the property offers excellent accessibility and exposure for businesses.The Town Planner has indicated support for mixed-use development, including commercial units on the ground level with residential units above (see illustrative concept drawing for inspiration).Currently on the property is a 785 sq/ft 3-bedroom bungalow, rented and generating income, offering holding potential while development plans are finalized.Property is being sold as-is. A rare opportunity for savvy investors or developers looking to capitalize on location, zoning flexibility, and growth potential.
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Courtesy of: Dotted Line Real Estate Inc Brokerage