For Sale

387 Clarence Street, London, Ontario N6A3M6

$850,000

387 Clarence Street, London, Ontario N6A3M6 is For Sale and has a listing price of 850,000. The property is located in the neighbourhood. It's been on the website for 14 Days.

  • Retail
    Property Type
  • MLS ID: X9388838
  • Office Name ROYAL LEPAGE TRILAND REALTY
Property Description

Everyone knows this Iconic address in Downtown London. 387 Clarence Street, formerly known as the “Bud Gowan Antiques” building, this site is prime for redevelopment of something truly unique. With zoning which allows numerous uses from Commercial to Residential applications, the possibilities are endless. Situated in the true heart of Downtown London and with many newly built and proposed residential units surrounding the area, this can be a great location for your new business (ad)venture. Two new residential towers, and one just recently opened, are planned to rise just next door to the south which means a possible captive audience of potentially hundreds of new downtown residents for various business applications. The building has been cleared to the brick walls and is a blank canvass for you to create your masterpiece. Be a part of the downtown renaissance. This is where it can begin. (id:43137)

Property Details
  • MLS ID: X9388838
  • Price: $850,000
  • Transaction Types: For Sale
  • Ref ID: 27522200
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/08/2024 X9388838 $850,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London
  • $721,044 Average List Price
    based on 1 year
  • 309 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 239.46 % Up
  • Sold (12mo) 1,290
  • Rented (12mo) 314

  • 1 Month Change -11.4%
  • 3 Month Change +3.1%
  • 6 Month Change +4.0%
Walkscore
  • 51 Walk Score
    Somewhat Walkable
  • 73 Transit Score
    Excellent Transit
  • 71 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    71.96%
  • Commercial
    4.1%
  • Condo
    23.82%
  • Land for Sale
    0.11%
Additional Details
  • Sewers Sanitary Sewer
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Farm/Agriculture Other
  • Listing Entry Date: 08/10/2024 00:00:00
  • Zoning R3-526
  • Agent Name: ROGER CARANCI
  • Last Updated: 21/02/2025 16:52:32
Open House Dates
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