Commercial/retail For Sale - 430 Richmond St, London, Ontario N6A 3C9

location_on 430 Richmond St, London

Commercial/retail

430 Richmond St

London, Ontario N6A 3C9

$1,499,000

For Sale

Property Information

Incredible Opportunity to own this cash flow positive, full renovated, mixed use residential/commercial building along Richmond Street. Located just South of Queens Street, steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Ground floor consists of a open concept bachelor suite with 3 piece washroom. Main floor consists of 2000 SF of retail space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated; 1-2 bedroom and 1 open concept Bachelor unit 800 SF, with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dining, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units both with 3 piece bathrooms leased at $1600 and $1400 inclusive. Common area coin laundry for extra weekly income.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : X9347484
Price : $1,499,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 17
Address
Postal Code : N6A 3C9
City : London
Street : Richmond
Street Number : 430
Street Suffix : St
Floor Number : 0
Longitude : W82° 45' 0.5''
Latitude : N42° 59' 3.9''
Features
Heating System : Gas Forced Air Open
Elevator : None
Brokerage
Office Name : STREETCITY REALTY INC.
Extra Information
address/street_dir_suffix : E
Air Conditioning : Y
Area : Middlesex
living_area : 0
living_area_unit : Sqft
Community : East K
Extras : Approved fire plan in place. Rental License with C
Lease : Sale
Street Direction : E
Tax Year : 2024

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430 Richmond St London, Ontario N6A 3C9