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$885,000
Ontario,London East (East K)
For Sale Active
398 RICHMOND STREET, London East (East K), Ontario N6A3C7
  • 3,203 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X13660732
  • Price: $885,000
  • Square Footage: 3,203 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE TRILAND REALTY
  • Property Sub Type: Retail
  • Office Key: 47287
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, London East (East K), N6A3C7
  • Street: Richmond
  • Street Number: 398
  • Street Suffix: Street
  • Longitude: W82° 45' 2.1''
  • Latitude: N42° 59' 0.4''
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: 24.05 x 54.51 FT
Financial
  • Tax Annual Amount: 9787
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Listing updated: 2026-08-17 02:40:26
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Listing Information
  • List Agent Key: 2222834
  • List Office Key: 47287
  • Modification Timestamp: 2026-08-11T12:30:00Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-08-11T12:20:38Z
Powered by REALTOR.ca
Listing updated: 2026-08-17 02:40:28
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