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300 Wellington Street

300 Wellington Street

London East, ON

87,566 sqft • Office • 620 days on market

$10,995,000

Bright, modern office building at the entrance to downtown London. Ideal owner/user or investor opportunity. Located on 2.4 acres at the corner of Wellington Street and Horton Street. Total building size 87,566 SF consisting of 3 full floors of 25,000 SF (+/-) each. 55,000 SF leased, 32,000 SF available which includes one full floor. Great upside. This well-known building features beautiful, exposed brick accents, secure reception area, fully finished turn key office suites in many sizes and configurations. High profile signage positioning available. The property also features a common area outdoor patio with booths, tables, outdoor kitchen, fire pit with muskoka chairs, putting green, etc. Ideally suited for Tech, Call Centres, Non-Profit Organizations, Public Services or a variety of professional/office uses. Excellent surface parking available - 314 spots which equates to a parking ratio of 4 per 1000 SF rentable. Many recent upgrades. 2 passenger elevators and 1 freight elevator.

Listing Details

Taxes (2023)
$213,629
Listed
December 10, 2024

Price History

Listing history

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Property

Lot Size
160.6 x 27.97 Feet

Location & Legal

Cross Street
Horton Streeet
Zoning
RSC1, RSC4
Parcel Number
83190125

Commercial

Occupancy
Partial
Office / Apartment Area
73206 Sq Ft

Community

Postal area N6B

Population
11,101
Private dwellings
7,181
Median age
38
Average household size
1.6
Median household income
$49,200

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

Commercial in London East · last 12 months

Median sold price
$460,000
Homes sold
1,317
Median days on market
24
Sale-to-list price
97.1%

Based on 1,317 recorded sales of commercial properties in London East over the last 12 months.

Listed by

THRIVE REALTY GROUP INC.

Location

Commercial figures

Building area
87,566 sq ft
Price per sq ft
$125.56
Annual property tax
$213,629
Tax per sq ft
$2.44

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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