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720 CABELL STREET, London East, Ontario, N5Z 1P7

MLS® # X12448270
Commercial For Sale In Hamilton Road, London East, Ontario
$1,488,000

None Beds

720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
720 Cabell Street, London East, ON
  • Advertising
720 CABELL STREET, London East, Ontario, N5Z 1P7
$1,488,000

Property Information:

Unlock the full potential of this prime commercial property located in East London. Sitting on a generous lot, 720 Cabell Street offers investors and developers a rare opportunity to capitalize on strong market demand for storage, service, and light-industrial space. Currently being used as a Mini Storage facility and a few office on the main floor . When you buy the building you can continue with the Mini storage or change the use. Permitted Uses Under LI1 (Light Industrial 1)In the LI1 variation, the following uses are expressly permitted (subject to compliance with the by-laws general provisions, regulations, setbacks, etc.): City of London a) Bakeries b) Business service establishments c) Laboratories d) Manufacturing and assembly industries e) Offices supportf) Paper and allied products industries (excluding pulp and paper, asphalt roofing) g) Pharmaceutical and medical product industries h) Printing, reproduction and data processing industries i) Research and development establishments j) Warehouse establishment k) Wholesale establishments l) Custom workshop m) Brewing on premises establishments n) Service trades o) Existing self-storage establishments (i.e. those already in place under certain conditions) p) Artisan workshop q) Craft brewery (id:27)

Building Features:

  • Style: Industrial
  • Floor Space: 14456 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Industrial
  • Floor Space (approx): 14456 Square Feet
  • Irregular: Yes
  • Lot Depth: 163.6 Feet
  • Lot Frontage: 89.4 Feet
  • Lot Size: 89.47 x 163.62 FT
  • Zoning: LI1

Courtesy of: EXP REALTY

REALTOR.ca  

Location of 720 CABELL STREET, London East, Ontario, N5Z 1P7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 720 CABELL STREET , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 720 CABELL STREET , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 720 CABELL STREET, London East, Ontario, N5Z 1P7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$63,468.68

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.58 %

High school certificate or equivalent

38.79 %

Apprenticeship trade certificate/diploma

4.25 %

College/non-university certificate

21.31 %

University certificate (below bachelor)

1.6 %

University Degree

15.47 %

Commuter

Travel To Work

By Car

76.63 %

By Public Transit

16.16 %

By Walking

4.92 %

By Bicycle

0.0 %

By Other Methods

2.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.19 %

Houses

43.81 %

Own Vs. Rent