7
$3,450,000 Sale
Listed 23 days ago
392 Second Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 392 Second Street
Key Facts
Key facts for 392 Second Street
Property Type
Commercial
Parking
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MLS #
X13859276
Size
-
Basement
-
Listed on
2026-10-03
Lot size
175 x 401.01
Tax
$5,739.17 /yr
Days on Market
24
Approximate Age
-
Maintenance Fee
-
Description
An exceptional opportunity for builders, developers, or investors to acquire a 1.62-acre residential lot in Strathroy-Caradoc now zoned R3-14-H2. The property has a recently approved minor variance for a 3-storey, 63-unit residential building, plus a conditional draft site plan agreement and archite...ctural drawings for a 3 storey 48 unit residential building, which can shorten the path to construction. In the meantime, the property generates income from an existing 2,000 sq. ft. ranch-style bungalow, currently tenanted. This is a rare property in a growing Southwestern Ontario market, about 35 km west of London with convenient access to Highway 402, directly across from Strathroy District Collegiate Institute, Holy Cross Catholic Secondary School and Gemini Sportsplex.
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Courtesy of: RIGHT AT HOME REALTY