478-484 Richmond Street, London East, Ontario N6A 3E6

Listed for:
$1
0 beds
0 baths
Listed 21 days ago
478-484 Richmond Street, London East, Ontario N6A 3E6

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About

Cross Streets: Dufferin Ave. ** Directions: Located at the corner of Richmond St and Dufferin Ave. Excellent opportunity to acquire a well-maintained 11,078 SF commercial property in the heart of downtown London at Richmond Street and Dufferin Avenue, overlooking Victoria Park. Zoned DA2 with on-site parking, the property permits a wide range of uses including retail, restaurants, offices, clinics, medical/dental, schools, art galleries, assembly halls and commercial recreation. The building is occupied by established tenants including Commonwealth Coffee, Stobie's Pizza, Roli Poli Ice Cream and Umiga Sushi, all secured on leases, while the vacant 5,777 SF second floor offers freshly updated office space ideal for an owner-user. Seller can provide a one year lease if desired. A strong opportunity for both owner-users and investors seeking a prominent downtown asset with existing income and long-term flexibility. Current NOI of $253,327.86 (id:27476)

Property Highlights

MLS® Number
X13853296
Type
Business
Community Name
East F
Land Size
71.86 FT

Building

Square Footage
11078 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
THRIVE REALTY GROUP INC.
MLS® number:
X13853296
Agent:
Bradley Gleed
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Street Spotlight - For sale