For Sale - 398 Richmond Street, London East, Ontario

Est payment $4,250/mo
Views   2
Time on Jump  75 day
  • Three-storey mixed-use property with prime downtown location close to amenities.
  • Main-floor commercial space currently operates a successful convenience store since 1997.
  • Two spacious 3-bedroom residential units for additional rental income.
  • Zoning allows various uses like retail, café, and restaurant for flexibility.
  • Great potential for diverse income streams and investment opportunities.



One property. Multiple income streams. Prime downtown location. An opportunity designed to get an investor's attention. This three-storey mixed-use property is ideally positioned just steps from fanshawe college, dundas place, budweiser gardens, and covent garden market, offering exceptional visibility, foot traffic, and long-term potential. The 1,330 sq. Ft. Main-floor commercial space is home to a well-established convenience store, successfully owner-operated since 1997, with strong goodwill and a loyal customer base. The business is listed separately and may be purchased with the building for the right buyer. Above are two spacious 3-bedroom residential units of approximately 1,093 sq. Ft. And 963 sq. Ft., providing additional rental income potential. With zoning allowing uses including retail, café, restaurant, bar, and personal services, the possibilities are broad. Three floors. Multiple revenue streams. One prime downtown address. Whether you're looking to maximize rental income, operate a business, or build a flexible investment portfolio, this property gives you the opportunity to do it all under one roof.
Listing IDX13660732
Address398 Richmond Street
CityLondon East, Ontario
Price$885,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air Closed
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Listing Brokerage: ROYAL LEPAGE TRILAND REALTY

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398 Richmond Street
London East , Ontario
$885,000
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