For Sale

19 Adelaide Street, London South, Ontario N5Z 3J9

$0

19 Adelaide Street, London South, Ontario N5Z 3J9 is For Sale and has a listing price of 500,000. The property is located in the London South . It's been on the website for 1 Day.

  • Sale Of Business
    Property Type
  • MLS ID: X12423243
  • Office Name CENTURY 21 FIRST CANADIAN CORP
Property Description

A rare opportunity to acquire a flagship Mobil-branded gas station and convenience store in one of Londons highest-traffic locations. Established in 1985, this operation offers over four decades of consistent revenue, community trust, and the strength of a globally recognized brand. Situated prominently at the signalized corner of Adelaide Street South and Thompson Street, the site benefits from unmatched visibility to more than 26,000 vehicles per day, steady walk-in traffic, and direct access to established residential neighbourhoods immediately behind the property. The convenience store spans approximately 1,200 square feet and features dual washrooms, on-site parking, and an efficient layout designed for customer flow and operational ease. Current lease terms are approximately $6,500 plus HST net per month under a cross-lease arrangement, providing stability for long-term operators. The purchase price is in addition to the cost of inventory at closing. This property represents a recession-resistant business model anchored by fuel and retail sales, with significant future upside potential through ancillary services such as lottery, ATM, foodservice, or parcel pickup. An exceptionally well-located, turnkey business in one of Londons busiest corridors, this offering provides immediate cash flow and long-term security.

Property Details
  • MLS ID: X12423243
  • Price: $500,000
  • Lot Depth: 115
  • Transaction Types: For Sale
  • Ref ID: X12423243
  • Year Built: N/A
  • Dir / Cross St: Adelaide St S and Terrace St
  • 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
09/24/2025 X12423243 $500,000 For Sale - -
07/15/2025 X12285292 $395,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London South
  • $826,792 Average List Price
    based on 1 year
  • 355 New Listings
    based on 30 days
  • 57 Median Days on Market
    based on 1 year
  • List vs. Selling Price 194.59 % Up
  • Sold (12mo) 621
  • Rented (12mo) 143

  • 1 Month Change -1.7%
  • 3 Month Change +0.2%
  • 6 Month Change -45.8%
Walkscore
  • 68 Walk Score
    Somewhat Walkable
  • 49 Transit Score
    Some Transit
  • 78 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $7,900
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 24/09/2025 13:40:19
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