Homes for sale - 396-398 RICHMOND ST, London, ON N6A 3C7

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NATALIA BIRNBAUM

natalia@ilookoutforyou.ca +1(647) 847-5665

$ 1,100,000

Est. payment | -/mo

3,330 SqFt

Save

$ 1,100,000

Est. payment | -/mo

Save

3,330 SqFt

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.

MY BLOGS

"My job is to guide clients through the intricate process of buying or selling real estate with expertise, integrity, and unwavering dedication, ensuring their goals are not just met but exceeded as they embark on their journey towards homeownership and financial prosperity."

+1(647) 847-5665

natalia@ilookoutforyou.ca

938 Eglinton Ave W, Toronto, M6C, 2C2, Canada

396-398 RICHMOND ST London, ON N6A 3C7

NATALIA BIRNBAUM

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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396-398 RICHMOND ST

396-398 RICHMOND ST London, ON N6A 3C7

NATALIA BIRNBAUM

Key Details

Location

Rooms

Interior

Exterior

Building

Others

EXCLUSIVE

GOODBYE BIDDING WARS!Sign up now to receive notifications when we have off-market properties that match your criteria.

MY BLOGS

LUXURIOUS LIVING 2675A BATHURST ST, TORONTO: A Rare Gem in Bedford Park-Nortown

A SPECTACULAR 12-BEDROOM HOME: 102 Frontenac Ave Toronto

HOW CAN WE HELP?

Go tour this home

396-398 RICHMOND ST

GOODBYE BIDDING WARS!
Sign up now to receive notifications when we have off-market properties that match your criteria.