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    For Sale - 478-484 Richmond Street, London East, Ontario

    Est payment $0/mo
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    Time on Jump  14 day

    AI Summary *

    • Well-maintained 11,078 SF commercial property in downtown London.
    • Zoned DA2, allowing diverse uses like retail, offices, and restaurants.
    • Established tenants provide steady income with secured leases.
    • Vacant 5,777 SF second floor offers updated office space for own use.
    • Strong investment opportunity with current NOI of $253,327.86.




    Excellent opportunity to acquire a well-maintained 11,078 sf commercial property in the heart of downtown london at richmond street and dufferin avenue, overlooking victoria park. Zoned da2 with on-site parking, the property permits a wide range of uses including retail, restaurants, offices, clinics, medical/dental, schools, art galleries, assembly halls and commercial recreation. The building is occupied by established tenants including commonwealth coffee, stobie's pizza, roli poli ice cream and umiga sushi, all secured on leases, while the vacant 5,777 sf second floor offers freshly updated office space ideal for an owner-user. Seller can provide a one year lease if desired. A strong opportunity for both owner-users and investors seeking a prominent downtown asset with existing income and long-term flexibility. Current noi of $253,327. 86
    Listing IDX13853296
    Address478-484 Richmond Street
    CityLondon East, Ontario
    Price$1
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public TransitHeating / Cooling Gas Forced Air Closed

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    Listing Brokerage: THRIVE REALTY GROUP INC.

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    478-484 Richmond Street
    London East , Ontario
    $1
    Get more info