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Last Updated : 169 Days ago
19 Adelaide Street S, London South, ON, South L

19 Adelaide Street S, London South MLS Number: X13152112

South L, London South, Middlesex, ON, N5Z 3J9

$475,000

Status:

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $7900.0 (Tax Year:2025)
  • Listing Courtesy : Century 21 First Canadian Corp

19 Adelaide Street S Property Description

A rare opportunity to acquire a flagship Mobil-branded gas station and convenience store in one of Londons highest-traffic locations. Established in 1985, this operation offers over four decades of consistent revenue, community trust, and the strength of a globally recognized brand. Situated prominently at the signalized corner of Adelaide Street South and Thompson Street, the site benefits from unmatched visibility to more than 26,000 vehicles per day, steady walk-in traffic, and direct access to established residential neighbourhoods immediately behind the property. The convenience store spans approximately 1,200 square feet and features dual washrooms, on-site parking, and an efficient layout designed for customer flow and operational ease. Current lease terms are approximately $6,500 plus HST net per month under a cross-lease arrangement, providing stability for long-term operators. The purchase price is in addition to the cost of inventory at closing. This property represents a recession-resistant business model anchored by fuel and retail sales, with significant future upside potential through ancillary services such as lottery, ATM, foodservice, or parcel pickup. An exceptionally well-located, turnkey business in one of London's busiest corridors, this offering provides immediate cash flow and long-term security. plus cost of fuel and store inventory which could be approx. $130,000.

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19 Adelaide Street S Property Facts

Property Type :Commercial
MLS Number :X13152112
Listing Type :Sale
Possession Date :
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Last Updated :21 May, 2026 (169 Days ago)
Source :Toronto Regional Real Estate Board
Area :Middlesex
Postal Code : N5Z 3J9
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19 Adelaide Street S Property Price & Tax Insights

Price : $475,000
Property Taxes :$7900.0
Tax Year :2025

19 Adelaide Street S, London South Property Details

Air Conditioning :Yes
Heating :Electric Forced Air
Cross Street :Adelaide St S and Hayes St
Fireplace/Stove :No

19 Adelaide Street S, London South - Price History

2026-05

20 May, 2026

TREB #X13152112

Listed

$475000.0

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19 Adelaide Street S - Location Map and Landmarks

  • London Health Sciences Centre – Children's, Middlesex 1.43 km
  • London Health Sciences Centre – Victoria's, Middlesex 1.43 km
  • London Health Sciences Centre – University, Middlesex 5.92 km
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