view of commercial property Features: window mounted ac, commercial view

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dining room featuring a paneled ceiling and light marble finish flooring Features: drywall, marble finish floor, drop ceiling, smoke carbon monoxide detector, security camera, washer dryer

building lobby with a paneled ceiling and floor to ceiling windows Features: vent, commercial view, fire alarm

dining space with a drop ceiling Features: wall mounted ac, floor ceiling windows, drop ceiling, drywall, vent, natural light

dining room featuring a paneled ceiling and light marble finish floors Features: drywall, drop ceiling, vent, baseboards wall, marble finish floor, natural light

dining space featuring a drop ceiling and baseboards Features: baseboards wall, drop ceiling, marble finish floor, drywall, natural light, vent

kitchen with a drop ceiling Features: office area, countertops, vent, natural light

kitchen with a paneled ceiling Features: countertops, vent, natural light

kitchen featuring a drop ceiling and decorative light fixtures Features: pendant lighting, security camera, fire alarm, kitchen peninsula, countertops

kitchen with ventilation hood and stainless steel range oven Features: range hood, range oven

misc room with a paneled ceiling Features: vent

view of miscellaneous room Features: sink

stairs featuring wood finished floors and recessed lighting Features: low ceiling, basement, baseboards wall, wood finish floor, stairs, recessed lighting, drywall

living area with recessed lighting and light wood-style floors Features: drywall, low ceiling, fire extinguisher, wood finish floor, baseboards wall, smoke carbon monoxide detector, recessed lighting

half bath featuring toilet and a baseboard radiator Features: baseboard radiator, toilet, mirror, sink, vent, half bathroom

half bath with toilet Features: half bathroom, vent, toilet, smoke carbon monoxide detector, mirror, sink

kitchen with freestanding refrigerator and a paneled ceiling Features: refrigerator, washer dryer, basement

view of unfinished basement Features: drywall, chest freezer, basement

miscellaneous room with concrete flooring Features: basement, concrete floor

utility room featuring electric panel Features: electric panel, basement

kitchen featuring a drop ceiling and light countertops Features: white cabinets, security camera, flat panel cabinets, chest freezer, countertops

unfinished below grade area featuring stairway Features: basement, chest freezer, stairs, drywall

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For Sale - 421 Richmond Street, London East, Ontario

421 Richmond Street

London East , Ontario

2 $69,000

Est payment $331/mo

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Time on Jump 60 day

AI Summary *

Turnkey restaurant located in a high-traffic area for visibility.
Recent upgrades including hood system, appliances, and furniture.
Low rent and weekend free street parking for convenience.
Close to Fanshawe College, attracting consistent foot traffic.
Partially finished basement offers additional storage space.

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Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 3,450 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Very rare opportunity on richmond row! This turnkey restaurant located in a prime area with high pedestrian traffic, the property benefits from a bus stop right at the front door and close proximity to fanshawe college, bringing consistent activity and visibility. The owner has spared no expense in designing and building out this premier location, making it completely move-in ready and eliminating the usual setup headaches. Features include a newer hood system (2019), updated appliances, newer electrical system and newer furniture throughout. With low gross rent of $2,500 and convenient 2-hour free street parking on weekends, this space is ideally positioned across from scotiabank and close to citi plaza and london music hall, attracting steady daily traffic. 25 seats. Above ground size of 851 sqft. Partially finished basement for more storage space and 2 bathrooms. Don't miss this rare opportunity to own a fully equipped restaurant in one of the city's busiest corridors

Listing IDX12891800

Address421 Richmond Street

CityLondon East, Ontario

Price$69,000

Bath2 Full

StyleSale Of Business

TypeBusiness

StatusFor Sale

Extras

Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Closed

Market Info

Listing Agency:
CENTURY 21 FIRST CANADIAN CORP

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Listing Agency:
CENTURY 21 FIRST CANADIAN CORP

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For Sale - 421 Richmond Street, London East, Ontario

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Property Info

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Market Info

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