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743 Wellington Road, London, ON N6C 4R5
Listed At $3,350,000
This prime commercial property fronts on busy Wellington Road South, situated on the new Bus Rapid Transit North/South Corridor with an average traffic count of 41,500 vehicles per day. Spanning 1.145 acres, the property offers exceptional exposure to a major arterial road and transit, ideal for high-density high-rise development.
Currently improved with a 14,228 sq ft split-level office building, the site features 9,097 sq ft of finished space above grade and 5,131 sq ft at or below grade. The split-level design includes multiple entrances and is easily divisible, featuring private offices, workspaces, boardrooms, and meeting rooms.
Conveniently located near London Health Sciences Centre, White Oaks Mall, schools, churches, shopping, and restaurants, the zoning permits various uses including offices, medical/dental offices, clinics, laboratories, business service establishments, day care centres, personal service establishments, and financial institutions.
The property benefits from 42 onsite parking spaces and offers easy access to Highway 401 and downtown. Designated under the London Plan as a Rapid Transit Corridor with Rapid Transit Boulevard street classification, it supports opportunities for intensification.
Preliminary pre-consultation planning indicates diverse development options ranging from an 11-unit, 2-storey townhouse development to a 12-16 storey apartment high-rise accommodating up to 208 units. Also available for lease.
743 Wellington Road, London, ON N6C 4R5 - Gallery
South London
South London is a thriving commercial hub, offering a dynamic environment for businesses of all sizes. Strategically positioned with excellent connectivity to major highways and public transit, the area boasts diverse commercial real estate opportunities, from modern office spaces and industrial parks to bustling retail centers. Key neighborhoods like Westmount and Talbot Village provide a blend of retail corridors and business districts, enhanced by amenities such as Westmount Mall and the Highland Country Club. The supportive business community and robust infrastructure make South London an ideal location for growth and innovation, ensuring a seamless integration of work and lifestyle for professionals and entrepreneurs.
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A Team Commercial Real Estate
A Team Commercial is a full-service, specialized division for growing and established businesses, investors, healthcare institutions, franchises and non-profit organizations with commercial real estate needs in London, Ontario and surrounding areas.
Our commercial team handles any transactions that don't fall in the typical residential resale category. This division focuses specifically on commercial, industrial and investment properties. This includes retail, big box, multi-family residential projects, and property accumulations. We adopt an unprecedented team-based, technological, and data-driven approach. This enables us to provide market-specific expertise and insights to our clients, and to present the most relevant and strategic space options available at any given time.
