NewFor Sale

523 Richmond Street
London East, Middlesex, ON, N6A 3E8

Commercial Retail
TRREB
MLS® Number: X14109900
$2,250,000List Price
Commercial RetailProperty Type
7,700 sq ftSize
$43,000 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 523 Richmond Street, London East, ON N6A 3E8

0 Transactions by CPRB Agents

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Description

One-of-a-kind opportunity to purchase an exceptional commercial property with a fully equipped restaurant in the heart of London's vibrant Richmond Row. Located at 523 Richmond Street, this beautifully rebuilt building showcases artistic design, exceptional craftsmanship and over 7,700 sq. ft. of finished space, including a large finished basement. The impressive restaurant layout features private dining space, a spectacular outdoor courtyard ideal for dining and special events, and a front patio overlooking Richmond Street. Liquor-licensed capacity for 187 indoor seats plus 94 patio seats, subject to applicable approvals. A separate Richmond Street entrance leads to an approximately 1,200 sq. ft. upper-level apartment, currently rented and providing supplementary income. Outstanding exposure in a lively, walkable downtown destination surrounded by shopping, dining and entertainment. A fantastic opportunity for an owner-operator or investor to acquire a distinctive property with extensive restaurant infrastructure. The entire property could be available with vacant possession, subject to existing tenancy arrangements and applicable requirements.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$43,000 / 2025
Listing #:X14109900
Property Type:Commercial Retail
Size:7,700 sq ft
Land Size:43 x 137
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Details

Property

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

Building

Size:7,700 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 Open

Land

Cross Street:Richmond St & Dufferin Ave

$2,250,000

List price

523 Richmond Street, London East – Commercial Retail for sale · MLS® # X14109900