478-484 Richmond Street, London East, ON N6A 3E6
London East, ON N6A 3E6
About this property
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
Property facts & features
- Days on market
- Not reported
- Property type
- Investment
- MLS® number
- X13853296
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 11078
- Neighbourhood
- Not provided
- Postal code
- N6A 3E6
- Garage
- Outside/Surface
- Lot depth (source units)
- 0
- Annual property tax
- 34676
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 30 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in London East →Listing brokerage: THRIVE REALTY GROUP INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13853296. Information deemed reliable but not guaranteed.