For Sale

421 Industrial Road, London East, Ontario N5V 1T6

$2,600,000

421 Industrial Road, London East, Ontario N5V 1T6 is For Sale and has a listing price of 2,600,000. The property is located in the London East . It's been on the website for 81 Days.

  • Investment
    Property Type
  • MLS ID: X12442406
  • Office Name RE/MAX ADVANTAGE REALTY LTD.
Property Description

421 Industrial offers an exceptional opportunity to acquire a clean and well-maintained industrial building, encompassing 11,566 square feet, situated on a spacious 1.57-acre lot. This property features a secure enclosed compound. This investment offers the unique advantage of a leaseback arrangement from the current owner. The building contains 85% industrial with 15% office and ceiling height of 18 feet. The facility is also equipped with four grade-level drive-in doors. Strategically located just east of Veterans Memorial Parkway, the property enjoys convenient access to the London International Airport and nearby 401 & 402 highways. Recent upgrades include a newer roof, electrical updates, and a completed Environmental Report, providing peace of mind for potential investors. The prime location, well-designed layout, and favorable zoning ensure that this property represents a compelling investment opportunity for those looking to expand their portfolio.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12442406
  • Price: $2,600,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 530.12
  • Ref ID: X12442406
  • Dir / Cross St: Industrial & Dundas
  • Tax Year: 2025
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
10/03/2025 X12442406 $2,600,000 For Sale - -
10/03/2025 X12442405 $2,600,000 For Sale - -
06/26/2024 X8480348 $2,399,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $663,169 Average List Price
    based on 1 year
  • 386 New Listings
    based on 30 days
  • 66 Median Days on Market
    based on 1 year
  • List vs. Selling Price 183.56 % Up
  • Sold (12mo) 593
  • Rented (12mo) 173

  • 1 Month Change -32.0%
  • 3 Month Change -13.0%
  • 6 Month Change -49.5%
Walkscore
Additional Details
  • Heat Type Other
  • Garage Type Other
  • Taxes: $18,721
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 03/10/2025 13:31:37
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