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Last Updated : 419 Days ago
396-398 RICHMOND St, London, Ontario, East K

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.

396-398 RICHMOND St 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.

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396-398 RICHMOND St Property Facts

Property Type :Commercial
MLS Number :X11899389
Listing Type :Sale
Possession Date :
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Last Updated :21 Dec, 2024 (419 Days ago)
Source :TRREB
Area :Middlesex
Postal Code : N6A 3C7
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396-398 RICHMOND St Property Price & Tax Insights

Price : $1,100,000
Property Taxes :$9287.56
Tax Year :2024

396-398 RICHMOND St, London Property Details

Cross Street :RICHMOND+DUNDAS

396-398 RICHMOND St, London - Price History

2024-12

21 Dec, 2024

TREB #X11899389

Available

$1100000.0

396-398 RICHMOND St - Location Map and Landmarks

  • London Health Sciences Centre – Children's, Middlesex 3.23 km
  • London Health Sciences Centre – Victoria's, Middlesex 3.23 km
  • London Health Sciences Centre – University, Middlesex 3.81 km
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