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    For Sale - 587 Lambton Street, London East, Ontario

    Est payment $4,153/mo
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    Views   1
    Time on Jump  39 day

    AI Summary *

    • Rare freehold mixed-use property with income and office space.
    • Established main-floor office setup with two flexible spaces and kitchenette.
    • Upper apartment features two bedrooms, full bathroom, and updated kitchen.
    • Finished basement offers extra living space with kitchen area and plumbing.
    • Eight on-site parking spaces enhance value for business and residents.




    Located at adelaide / lambton. High traffic count. Rare freehold mixed-use opportunity with income, office space and exceptional flexibility. Located in london, this oc5/r2-2 property combines an established main-floor office configuration with a separately rented 2-bedroom residential apartment above. The main level features two flexible office spaces, kitchenette and 2-piece bathroom, providing an excellent setup for an owner-user, professional office or service-based business. The upper apartment offers 2 bedrooms, full bathroom, updated kitchen finishes and refinished hardwood flooring, providing a residential component. Finished basement offering additional living space with an existing kitchen area and plumbing in place, providing potential for future use. Basement has not been rented in many years. Buyer to verify continued use. 8 on-site parking spaces add significant value for both business and residential users. Additional updates include a metal roof and eavestroughs (2020/21), two owned hot water tanks (2020), newer front door, dedicated bell fibre optic line and various updates throughout the home. The property is equipped with two furnaces, with one serving the main and lower levels and the other dedicated to the upper-level apartment. Double-brick construction with additional insulation provides excellent sound separation, making the interior remarkably quiet. A rare opportunity to own a flexible mixed-use property with multiple potential revenue streams.
    Listing IDX13798498
    Address587 Lambton Street
    CityLondon East, Ontario
    Price$864,900
    StyleOffice
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype OfficeCommunity Features Public TransitBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Brokerage: RE/MAX CENTRE CITY REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    587 Lambton Street
    London East , Ontario
    $864,900
    Get more info