ON > London > East K
London, ON N6A 3C7,396-398 RICHMOND ST
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London, ON N6A 3C7,396-398 RICHMOND ST
London, ON N6A 3C7,396-398 RICHMOND ST
London, ON N6A 3C7,396-398 RICHMOND ST
London, ON N6A 3C7,396-398 RICHMOND ST
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Jamie Black

Jamie Black

+1(416) 496-9220
$ 1,100,000
Est. payment /mo
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Active

396-398 RICHMOND ST London, ON N6A 3C7

3,330 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,330 sqft

Price per Sqft $330

Subdivision East K

MLS Listing ID X11899389

Annual Tax Amount $9,287

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

Property with existing convenience store business for sale, inventory is extra. Owner operating the convenience store business on main floor since 1997, now retiring. Recently added Liquor license, great potential to improve the business. Very busy core downtown location with high walk in traffic. Walking distance to Dundas Place, Budweiser Gardens, Covent Garden Market, Fanshawe Downtown Campus. It's a 3 story building with unfinished full basement. Total Building Area: Approx. 3330 SF; Main Floor Convenience Store: Approx. 1330 SF, 2nd Floor 3 Bed Apartment: approx.1000 SF, 3rd Floor 3 Bed Apartment: approx.1000 SF., Site area: 0.03 acres (Lot 24.05 Ft x 54.51Ft). Owner occupies the third level apartment, Second level apartment is currently rented. Property was partially renovated in 2004 & 2012. New flat roof singles installed in 2014. Priced reasonably to sell As Is. Some TLC may increase the property value drastically. City is taking active interest and helping to renovation projects and developing the downtown London. Buyer may make change in use of the main floor existing business, zoning permits wide range of commercial uses.

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Zoning DA1

Rooms

Kitchen 0

Interior

Cooling Partial

Inclusions A List of equipment will be provided to buyer.

Exterior

Community Features Public Transit

Lot Frontage 24.06

Lot Depth 54.51

Building

New Construction false

Others

Senior Community No

Listed by BIZPRO REALTY INC.
agent

Jamie Black

Sales Representative

+1(416) 496-9220

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396-398 RICHMOND ST

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