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-laws general provisions, regulations, setbacks, etc.): City of London a) Bakeries b) Business service establishments c) Laboratories d) Manufacturing and assembly industries e) Offices supportf) 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
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
Yes
Total Area:
14456 sq. ft. Square Feet
Total Area:
14,455.92 sq. ft.1,343 m2
Industrial Area:
10080 sq. ft. Sq Ft
Lot Depth:
163'7½"49.9 m
Lot Frontage:
89'6"27.3 m
Water supply:
Municipal
Zoning:
LI1
Heating type:
Gas Forced Air Closed
Clear Height:
15'6"4.72 m
Garage:
None
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$8,200 /
2025
Assessment:
$- /
2025
Middlesex
London East
East C
No
TENANT 'S PERSONAL BELONGING AND EQUIPMENT AND PERSONAL ITEMS IN THE WORKS SHOP OF THE OWNER.
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