523 Richmond Street, London East, ON N6A 3E8
London East, ON N6A 3E8
About this property
One-of-a-kind opportunity to purchase an exceptional commercial property with a fully equipped restaurant in the heart of London's vibrant Richmond Row. Located at 523 Richmond Street, this beautifully rebuilt building showcases artistic design, exceptional craftsmanship and over 7,700 sq. ft. of finished space, including a large finished basement. The impressive restaurant layout features private dining space, a spectacular outdoor courtyard ideal for dining and special events, and a front patio overlooking Richmond Street. Liquor-licensed capacity for 187 indoor seats plus 94 patio seats, subject to applicable approvals. A separate Richmond Street entrance leads to an approximately 1,200 sq. ft. upper-level apartment, currently rented and providing supplementary income. Outstanding exposure in a lively, walkable downtown destination surrounded by shopping, dining and entertainment. A fantastic opportunity for an owner-operator or investor to acquire a distinctive property with extensive restaurant infrastructure. The entire property could be available with vacant possession, subject to existing tenancy arrangements and applicable requirements.
Property facts & features
- Property type
- Commercial Retail
- MLS® number
- X14109900
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 7700
- Neighbourhood
- Not provided
- Postal code
- N6A 3E8
- Garage
- None
- Lot depth (source units)
- 137
- Annual property tax
- 43000
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
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 · $2,250,000
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: ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14109900. Information deemed reliable but not guaranteed.