723-727 Richmond StreetLondon East, Middlesex, ON, N6A 3H2
723-727 Richmond StreetLondon East, Middlesex, ON, N6A 3H2
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Description
Prime Residential / Commercial Investment Opportunity. Seize this rare opportunity to own a premium corner property at Richmond Street & Piccadilly Street, one of downtown London's most vibrant and high-traffic corridor, is just steps south of Oxford street in the heart of Richmond Row. This exceptional offering includes two--storey mixed-use buildings featuring main-level commercial retail units and second-floor residential apartments. The property is 100% leased, delivering consistent annual income with solid tenant mix and long-term upside. Ideal for investors seeking cash flow, asset appreciation, and future redevelopment potential. Breakdown of Commercial / Residential: 5 Commercial Units / Tenants - Total of approx. 4,950 SF among the commercial tenants. 7 Residential Apartment Units (2 Bachelor Units & 5 - 1 Bedroom Units). Commercial Tenants include: Banh Mi Restaurant, Cell Phone Repair, Boxwoods Flower Shop, Cafe tenant and Bella Vida Beauty Salon. On-site parking. Site Area: approx. 0.187 acres. Asking Price: $2,400,000. Steady Income year to year. Approx. $130,000 Net Income/Year. Full Sale Package Addresses: 723-727 Richmond Street and 214 Piccadilly Street, London.
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$2,400,000
List price