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392-396 Clarence Street, London East (East K), Ontario N6A 3M6

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392-396 Clarence Street London East (East K), Ontario N6A 3M6

Home » Listing » 392-396 Clarence Street, London East (East K), Ontario N6A 3M6

Two-storey downtown commercial building offering prime frontage, versatile DA1 zoning, and flexible multi-use potential for retail, office, hospitality, or mixed-use redevelopment in London’s urban core.

Starting Price $999,900

Retail
Property Type
10,386 SF
Square Footage:
Zoned DA1
Zoning Description:
$26,454.19
Property Taxes

Located in the heart of downtown London East (East K), this two-storey commercial property provides an excellent opportunity for investors or owner-operators seeking strong exposure in a high-traffic urban corridor. Zoned DA1, the property supports an extensive range of uses, from retail and restaurant space to office, residential, or institutional conversions — offering remarkable adaptability for various business and redevelopment strategies. This site’s combination of central location, zoning flexibility, and accessible pricing presents an ideal foundation for long-term value creation in London’s vibrant downtown core.

Zoning Description: The property is zoned DA1, permitting a wide range of uses including retail, supermarket, apartment building, assembly hall, hotel, medical or dental office, restaurant, general office, place of worship, service and repair shop, and studio.

Parking: Ample street and nearby municipal lot parking, plus rear service access for deliveries or private staff parking.

Property Highlights
Size & Layout: Two-storey commercial building with flexible layout suitable for multiple retail or office configurations.
Functional Infrastructure: Main-floor retail storefronts with large display windows; upper-level office or residential potential; multiple front and rear access points supporting varied tenancy configurations.
Occupancy: Currently partially occupied with flexible lease arrangements, providing holding income while allowing owner-use or redevelopment flexibility.
Zoning Versatility: DA1 zoning supports an extensive mix of commercial, institutional, and residential uses—ideal for adaptive reuse or intensification.
Visibility & Access: Prominent Clarence Street frontage within London’s downtown core; excellent pedestrian exposure and nearby municipal parking; convenient public transit access.
Investment Appeal: Affordable downtown freehold priced under $1 million—positioned for value-add, repositioning, or end-user occupancy.

Huron Heights / East D

Downtown / East K District — a vibrant mixed-use corridor anchored by professional offices, restaurants, retail storefronts, and civic amenities. The area benefits from ongoing downtown revitalization, heavy foot traffic, and direct connections to Dundas Place, Richmond Row, and City Hall.

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Amenities & Advantages
Prime Downtown Exposure: Highly visible frontage with strong signage opportunity.
Flexible DA1 Zoning: Permits a broad spectrum of commercial, residential, and institutional uses.
Functional Design: Two-storey layout suitable for multi-tenant use or conversion.
ncome Potential: Partial tenancies provide holding revenue with future upside.
Access & Connectivity: Close proximity to major arterials, public transit, and downtown amenities.

Interested In 392-396 Clarence Street, London East (East K), Ontario N6A 3M6

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