19 Adelaide Street S, London South, Ontario N5Z 3J9

Listed for:
$490,000
0 beds
0 baths
Listed 13 days ago
19 Adelaide Street S, London South, Ontario N5Z 3J9

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About

Cross Streets: Adelaide St S and Hayes St. ** Directions: Turn left off Commissioners Rd E onto Adelaide St S, business will be on the left. 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. (id:27476)

Property Highlights

MLS® Number
X12865098
Type
Business
Community Name
South L
Land Size
80 x 115 FT

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Electric
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
CENTURY 21 FIRST CANADIAN CORP
MLS® number:
X12865098
Agent:
Ken Patpatia
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