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720 CABELL Street

720 CABELL Street

London, Ontario

12,960 sqft • Other

$1,375,000

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-law’s general provisions, regulations, setbacks, etc.): City of London a) Bakeries b) Business service establishments c) Laboratories d) Manufacturing and assembly industries e) Offices support f) 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

Price History

Schools

Secondary

  • B Davison Secondary School Secondary School0.8 km

    Public · Thames Valley DSB

  • H B Beal Secondary School1.3 km

    Public · Thames Valley DSB · 1525 students

    Grade 10 literacy: 79% met the provincial standard

  • G A Wheable Secondary School1.5 km

    Public · Thames Valley DSB

Elementary

  • Lester B Pearson School for the Arts0.8 km

    Public · Thames Valley DSB · 280 students

    Grade 6 math: 82% met the provincial standard

  • Trafalgar Public School0.8 km

    Public · Thames Valley DSB · 175 students

    Grade 3 reading: 28% met the provincial standard · Grade 6 math: 9% met the provincial standard

  • St Mary School0.8 km

    Catholic · London District Catholic School Board · 230 students

    Grade 6 math: 85% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5Z

Population
24,067
Private dwellings
11,008
Median age
40
Average household size
2.3
Median household income
$64,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in London · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of other properties in London over the last 12 months.

Location

Mortgage Calculator

$275,000

Estimated Monthly Payment

$6,755

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,755/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $344/mo

Estimates only. Consult a financial advisor.

R

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