119 Dundas Street London East, Ontario N6A 1E8

$1,299,999

Position your business or investment portfolio in one of Downtown London's most sought-after locations. Prominently situated along the vibrant Dundas Place Flex Street and directly overlooking the prestigious Covent Garden Market Square, this unique mixed-use property offers outstanding visibility, flexibility, and long-term upside.The property features two commercial units at street level. The front retail space is occupied by a long-standing tenant on a month-to-month basis, providing immediate income with future flexibility. The rear commercial unit will be delivered vacant on closing, presenting an exceptional opportunity for an owner-occupier or the ability to lease at current market rents. With direct access and exposure to Covent Garden Market Square, this space benefits from excellent pedestrian traffic in one of the city's premier downtown destinations.The upper level currently consists of residential apartments that are ready for renovation and reconfiguration, allowing the next owner to unlock significant value. Whether you choose to modernize and maximize the residential component or explore conversion to additional commercial space, the property offers exceptional redevelopment potential, subject to municipal approvals. Located just steps from Canada Life Place, Covent Garden Market, Market Square, major office towers, restaurants, cafés, entertainment, and numerous new residential developments, this is a rare opportunity to acquire a highly adaptable asset in London's rapidly evolving downtown core. Whether you're an investor seeking value-add potential, a business owner looking to establish a flagship downtown presence, or a developer searching for a property with multiple future possibilities, this offering presents an exceptional opportunity. The possibilities are truly endless. (id:38604)

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https://www.realtor.ca/real-estate/30123139/119-dundas-street-london-east-east-k-east-k