NewFor Sale

398 Richmond Street
London East, Middlesex, ON, N6A 3C7

Commercial Retail
TRREB
MLS® Number: X13660732

ROYAL LEPAGE TRILAND REALTY

Listing brokerage
$885,000List Price
Commercial RetailProperty Type
3,203 sq ftSize
$9,787 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 398 Richmond Street, London East, ON N6A 3C7

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Description

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.

Features

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Amenities

No amenities available

Summary

Tax (Annual):$9,787 / 2025
Listing #:X13660732
Property Type:Commercial Retail
Size:3,203 sq ft
Land Size:24.05 x 54.51
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE TRILAND REALTY

Details

Property

Property Type:Commercial Retail
Community:East K
Municipality:Middlesex

Building

Size:3,203 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Richmond and Dundas

$885,000

List price

398 Richmond Street, London East – Commercial Retail for sale · MLS® # X13660732