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    For Sale - 523 Richmond Street, London East, Ontario

    Est payment $10,804/mo
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    Time on Jump  1 days

    AI Summary *

    • Commercial building with over 7,700 sq. ft. of finished space, including a large basement.
    • Equipped restaurant includes private dining and a courtyard for dining or events.
    • Front patio overlooks the street; licensed capacity is subject to approvals.
    • Separate entrance leads to an approximately 1,200 sq. ft. apartment currently rented.
    • Downtown location near shopping, dining, and entertainment.




    One-of-a-kind opportunity to purchase an exceptional commercial property with a fully equipped restaurant in the heart of london's vibrant richmond row. Located at 523 richmond street, this beautifully rebuilt building showcases artistic design, exceptional craftsmanship and over 7,700 sq. Ft. Of finished space, including a large finished basement. The impressive restaurant layout features private dining space, a spectacular outdoor courtyard ideal for dining and special events, and a front patio overlooking richmond street. Liquor-licensed capacity for 187 indoor seats plus 94 patio seats, subject to applicable approvals. A separate richmond street entrance leads to an approximately 1,200 sq. Ft. Upper-level apartment, currently rented and providing supplementary income. Outstanding exposure in a lively, walkable downtown destination surrounded by shopping, dining and entertainment. A fantastic opportunity for an owner-operator or investor to acquire a distinctive property with extensive restaurant infrastructure. The entire property could be available with vacant possession, subject to existing tenancy arrangements and applicable requirements.
    Listing IDX14109900
    Address523 Richmond Street
    CityLondon East, Ontario
    Price$2,250,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    523 Richmond Street
    London East , Ontario
    $2,250,000
    Get more info