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Active
478-484 RICHMOND STREET London East, ON N6A3E6
11,078 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 11078
Square Footage 11,078 sqft
Price per Sqft $0
Subdivision East F
MLS® Listing ID X13853296
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by THRIVE REALTY GROUP INC.
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