396-398 RICHMOND St, London MLS Number: X11899389
East K, London, Middlesex, ON, N6A 3C7$1,100,000
Status: OFF MARKET
- Property Type: Commercial (Sale Of Business)
- Property Taxes : $9287.56 (Tax Year:2024)
- Listing Courtesy : Bizpro Realty Inc.
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$1,100,000
Status: OFF MARKET
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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X11899389 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :21 Dec, 2024 (348 Days ago) |
| Source | :TRREB |
| Area | :Middlesex |
|---|---|
| Postal Code | :
N6A 3C7
|
| Price | : $1,100,000 |
|---|---|
| Property Taxes | :$9287.56 |
| Tax Year | :2024 |
|---|
| Cross Street | :RICHMOND+DUNDAS |
|---|
21 Dec, 2024
TREB #X11899389
Available
$1100000.0