For Sale

396 Richmond Street, London East, Ontario N6A 3C7

$0

396 Richmond Street, London East, Ontario N6A 3C7 is For Sale and has a listing price of 99,900. The property is located in the London East . It's been on the website for 70 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12290350
  • Office Name CENTURY 21 FIRST CANADIAN CORP
Property Description

Opportunity knocks! Richmond Magazine and Variety has been a well known local business since 1997, and the current owners are ready to retire. This is your chance to take over a well-established operation with low initial investment. Located at the busy corner of Richmond Street and Dundas Street, the store boasts high visibility and steady foot traffic. Surrounded by high-rise buildings, new developments, Fanshawe College’s downtown campus, the Central Library, Covent Garden Market, Budweiser Gardens, and more it’s right in the heart of London’s thriving core. The area hosts numerous downtown festivals and events year-round, ensuring consistent customer flow and strong community engagement. Easy to convert to a small grocery store or other suitable business if desired. Reach out for more details and a tour!

Property Details
  • MLS ID: X12290350
  • Price: $99,900
  • Lot Depth: 54.51
  • Transaction Types: For Sale
  • Ref ID: X12290350
  • Year Built: N/A
  • Dir / Cross St: Richmond St./Dundas
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/17/2025 X12290350 $99,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $707,031 Average List Price
    based on 1 year
  • 408 New Listings
    based on 30 days
  • 66 Median Days on Market
    based on 1 year
  • List vs. Selling Price 183.36 % Up
  • Sold (12mo) 393
  • Rented (12mo) 116

  • 1 Month Change -15.0%
  • 3 Month Change -39.6%
  • 6 Month Change -69.3%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 17/07/2025 13:06:08
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