For Sale

551 Richmond Street Unit# 1, London East, Ontario N6A 3E9

$0

551 Richmond Street Unit# 1, London East, Ontario N6A 3E9 is For Sale and has a listing price of 299,000. The property is located in the London East . It's been on the website for 13 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12389653
  • Office Name CENTERPOINT REALTY INC.
Property Description

Restaurant Business For Sale In Prime Downtown London Location. High Visibility With Prominent Signage On A Major Street And Constant Pedestrian Traffic. Close To Western University And Fanshawe College, Ensuring A Strong Customer Base Of Students And Local Residents. Licensed With LLBO For 48 Seats. Features A Walk-In Fridge And Freezer, Commercial Ventilation System, And Approximately 1,975 Sq Ft Of Main Floor Space Plus Additional Basement Area For Storage And Food Preparation. 2 Dedicated Parking Spaces For Staff Use. A Turnkey Opportunity For Entrepreneurs Looking To Operate In One Of Londons Busiest Districts.

Property Details
  • MLS ID: X12389653
  • Price: $299,000
  • Lot Depth: 94.1
  • Transaction Types: For Sale
  • Ref ID: X12389653
  • Year Built: N/A
  • Dir / Cross St: Kent/Richmond
  • Status: Active
  • Tax Year: 2025
  • 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
09/08/2025 X12389653 $299,000 For Sale - -
07/19/2025 X12295547 $99,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $703,663 Average List Price
    based on 1 year
  • 383 New Listings
    based on 30 days
  • 67 Median Days on Market
    based on 1 year
  • List vs. Selling Price 181.87 % Up
  • Sold (12mo) 382
  • Rented (12mo) 113

  • 1 Month Change -24.9%
  • 3 Month Change -42.6%
  • 6 Month Change +12.6%
Walkscore
Property Type Distribution
  • All Houses
    56.58%
  • Commercial
    17.5%
  • Condo
    25.92%
Additional Details
  • Heat Type Y
  • Garage Type Public
  • Parking Spaces: 2
  • Taxes: N/A
  • Last Status New
  • Original Price: $299,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 08/09/2025 19:57:16
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