743 Wellington Rd
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743 Wellington Rd
14,228 SF Office Building London, ON N6C 4R5 $3,350,000 CAD ($235 CAD/SF)
Investment Highlights
- The property is located just 1.5 km from London Health Sciences Centre.
- Easy access to the 401 and downtown.
- Across the street from Westminster Ponds
Executive Summary
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. 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.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office
Building Size
14,228 SF
Building Class
C
Year Built
1976
Price
$3,350,000 CAD
Price Per SF
$235 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,097 SF
Building FAR
0.29
Land Acres
1.14 AC
Zoning
RO1 - Medical/dental offices; Offices.
Parking
42 Spaces (2.95 Spaces per 1,000 SF Leased)
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Presented by
RE/MAX Hallmark A Team
743 Wellington Rd
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