398 Richmond Street, London East (East K), Ontario

$885,000

Previous Next

3,203

Square feet

About 398 Richmond Street

ONE PROPERTY. MULTIPLE INCOME STREAMS. PRIME DOWNTOWN LOCATION. An opportunity designed to get an investor's attention. This three-storey mixed-use property is ideally positioned just steps from Fanshawe College, Dundas Place, Budweiser Gardens, and Covent Garden Market, offering exceptional visibility, foot traffic, and long-term potential. The 1,330 sq. ft. main-floor commercial space is home to a well-established convenience store, successfully owner-operated since 1997, with strong goodwill and a loyal customer base. The business is listed separately and may be purchased with the building for the right buyer. Above are two spacious 3-bedroom residential units of approximately 1,093 sq. ft. and 963 sq. ft., providing additional rental income potential. With zoning allowing uses including retail, café, restaurant, bar, and personal services, the possibilities are broad. Three floors. Multiple revenue streams. One prime downtown address. Whether you're looking to maximize rental income, operate a business, or build a flexible investment portfolio, this property gives you the opportunity to do it all under one roof. (id:6289)

More Info on this East K MLS® listing

398 Richmond Street is a listing for sale in London East (East K). The MLS® number is X13660732. It covers 3,203 square feet. It's currently listed for $885,000. For more details on MLS® X13660732, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in East K is available now!

Selling your East K property?

Have a similar home to 398 Richmond Street? If you’re thinking about selling your East K property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your London East (East K) property.

Features of 398 Richmond Street

Listing # X13660732
Price $885,000
Square Footage 3,203
Type Retail

Community Information

Address 398 Richmond Street
Area East K
Subdivision East K
City London East (East K)
Province Ontario
Postal Code N6A3C7

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 24.05 x 54.51 FT

Additional Information

Zoning DA1

Listing Details

OfficeROYAL LEPAGE TRILAND REALTY

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?