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695 Central Avenue, London, ON, N5W 3P9

MLS® # 40365764
Commercial For Sale In East London, London, Ontario
$425,000
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
695 Central Avenue, London, ON
  • Advertising
695 Central Avenue, London, ON, N5W 3P9
$425,000

Property Information:

ATTENTION INVESTORS and BUSINESS OWNERS! Here's your chance to own a RARE commercial property in CENTRAL LONDON close to downtown on a large corner lot with an attached shop. The lot can accommodate parking for 8-10 cars with plenty of free street parking for your customers. Previously an electric panel shop with the main property set up as offices with a bright reception area at the entrance. Approximately 1,000 sqft above grade and 600 sqft in the unfinished basement. The shop is approx. 625 sqft separated into two sections with steel double doors and a roll-up door that measures 4' 5" x 8' 7". The shop has a ceiling height of 7' 6" and the basement has a height of 6' 9" with development potential. Recent Updates (2018) include: New roof with gutter guards, New siding for the entire property, New Air Conditioner, Exterior LED Lighting and much more. With a versatile zoning, this property is full of potential for the savvy investor. Book your showing today.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Development Potential, Full, Unfinished
  • Built in: 1960
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Front Yard Parking, Outside/Surface/Open, Private Drive Triple+ Wide
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Interior Features: Storage
  • Lot Depth: 93 Feet
  • Lot Features: Urban, Irregular Lot, Corner Lot, City Lot, Public Transit
  • Lot Frontage: 55.00 Feet
  • Road Frontage Type: Municipal Road
  • Utilities: At Lot Line-Gas, At Lot Line-Hydro, Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Municipal-Metered
  • Zoning: OC5, R3-2, RSC3, LI8
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 8

Courtesy of: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 695 Central Avenue, London, ON, N5W 3P9

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: High

35 hot days expected in 2050

Projected Storm Risk: Very High

13 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 695 Central Avenue , 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 34.49 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.49℃

# 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 Storm Risk:

13 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 695 Central Avenue , experiences 11 significant 2-day storms per year, with about 328.52mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.52mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
13

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.

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Demographic Information of 695 Central Avenue, London, ON, N5W 3P9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$67,558.28

Average Number of Children

0.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.66 %

High school certificate or equivalent

26.71 %

Apprenticeship trade certificate/diploma

8.48 %

College/non-university certificate

19.71 %

University certificate (below bachelor)

0.9 %

University Degree

27.15 %

Commuter

Travel To Work

By Car

53.08 %

By Public Transit

23.89 %

By Walking

15.48 %

By Bicycle

2.09 %

By Other Methods

5.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.35 %

Houses

69.25 %

Own Vs. Rent

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