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Main Photo: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 1: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 2: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 3: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 4: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 5: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 6: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 7: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 8: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Photo 9: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12454905
Bus Major:
Retail Store Related
This exceptional commercial property presents a prime investment opportunity in a desirable London location. The approx. 2,300-square-foot building, situated between York, King, and Dundas Streets, offers convenient on-site around 12 car parking. Its versatile zoning accommodates a wide range of business uses. Recent renovations, totaling approximately $130,000, include a newly converted four-bedroom, two-bathroom residential unit upstairs, which is currently rented with monthly rent of CAD $ 1800. Oct 2025 - new roof. The main floor offers significant potential for various commercial ventures, such as office space, restaurants, or wellness centers. This unique property combines the benefits of live-in accommodation and a ground-floor business area, ideally suited for entrepreneurs seeking to minimize living expenses while operating their business. Further enhancing its appeal are wheelchair accessibility features, controlled entry with video surveillance, and an owned hot water tank.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
2300 sq. ft. Square Feet
Total Area:
2,300 sq. ft.
Retail Area:
50 sq. ft. %
Lot Depth:
87'8"
Lot Frontage:
132'4"
Water supply:
Municipal
Zoning:
Commercial - BDC OR
Heating type:
Gas Forced Air Closed
Clear Height:
0'
Garage:
Outside/Surface
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$8,736 / 2025
Assessment:
$- / -
Middlesex
London East
East L
Yes
N/A
S/S Fridge, S/S Stove, Washer and dryer, Light fixtures, Brand new A.C, Brand New Furnace, Hot watertank
None
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Multi-Use
Franchise:
No
Date Listed:
Oct 09, 2025
Original Price:
Previous Price:
  • Photo 1: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 2: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 3: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 4: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 5: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 6: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 7: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 8: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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  • Photo 9: 389 Lyle Street in London East: East L Commercial for sale : MLS®# X12454905
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Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated December 7, 2025 at 01:15 PM (UTC)
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