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743 WELLINGTON ROAD London

743 WELLINGTON ROAD, London

$3,350,000

  • 4
14,228 Square Feet
Prime commercial property fronting on busy Wellington Road South on the new Bus Rapid Transit North/South Corridor with average traffic counts of 41,500 vehicles per day. Situated on 1.145 acres, the property has superior exposure to a major arterial road and transit, and is well suited for high density high-rise development. The site is currently improved with a 14,228 sq ft split level office building comprised of 9,097 sq ft finished space above grade and 5,131 sq ft of finished space at or below grade. Split-level building style with several entrances and is easily divisible. Space is comprised of private offices, work spaces, boardrooms and meeting rooms. Close to all amenities including London Health Sciences Centre, White Oaks Mall, schools, churches, shopping and restaurants. Zoning allows Offices, Medical/Dental Offices, Clinics, Medical/Dental laboratories, Business service establishments, Day care centres, Personal service establishments and Financial institutions. The property is located just 1.5 km from London Health Sciences Centre and is across the street from Westminster Ponds, a 200-hectare environmentally significant area with ponds and walking trails. Lots of onsite parking with 42 parking spaces. Easy access to the 401 and downtown. The London Plan designates the site as Rapid Transit Corridor with Rapid Transit Boulevard street classification, providing an opportunity for intensification. Preliminary pre-consultation planning suggests a variety of development options exist ranging from an 11-unit, 2 storey townhouse development up to 12-16 storey apartment high-rise with up to 208 units. Also available For Lease (MLS #X8174336) (id:58875)
  • Listing ID: X8465128
  • Property Type: Office
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Details

  • Amenities Nearby: Highway, Public Transit
  • Parking Spaces: 42
  • Transaction: For sale
  • Zoning Description: RO1

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 14228 sqft
  • Type: Offices
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Public Transit
  • Size Depth: 213 ft
  • Size Frontage: 207 ft
  • Size Irregular: 207 x 213 FT

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    This property for sale is located at 743 WELLINGTON ROAD in London. It was last modified on October 9th 2024. Let us connect you with one of our real estate agents to schedule a viewing or to discover other London properties for sale.

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