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For Sale · London East

523 Richmond Street

London, ON · MLS® X14109900

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.

$2,250,000

523 Richmond Street — photo 1
Bedrooms
0
Bathrooms
0
Square Feet
—
Year Built
—
Lot Size
43 × 137 Feet
Property Type
Commercial Retail
Neighbourhood
London East
Status
For Sale

About this home

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

  • Garage: None
  • Cooling: Yes
  • Heating: Gas Forced Air Open

Location

Approximate location, geocoded from the listing address.

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