Property Details
419 RICHMOND Street, London, Ontario, N6A3C8


Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Tel: 519- 667-1800
$599,999 - For sale
Turn-key mixed use commercial/residential property in the heart of Downtown London. Located on Richmond St., near Dundas St. in a high visibility building with great street presence. Exposure to thousands of cars each day and pedestrian traffic along the new Dundas Place Flex Street. Main floor retail space, approx. 400 square feet leased to Nails Enprive for 3 years, lease expiring on April 30, 2022. Two residential apartments have been updated and are rented at $1,500 and $900 per month. Shared laundry facilities onsite. Net operating income of $31,497-Year 1, $32,697-Year 2 and $33,897-Year 3. Excellent return on investment. Copy of commercial lease and income and expense statements available upon request. Just around the corner from Budweiser Gardens and Fanshawe College-Downtown Campus. Ample public parking nearby. Illuminated sign band included. Brand new furnace and central air servicing retail unit. Do not miss this opportunity to build your real estate portfolios! (id:2471)
Location DescriptionSouth on Richmond St. building on the right hand side
- Property Address:419 RICHMOND Street, London, Ontario, N6A3C8
- Property Type:Multi-family
- Title:Freehold
- Lot Size:0.5
- Acreage:0.5 ac|under 1/2 acre
- Sewage Type:Municipal sewage system
- Water Type:Municipal water
- Driveway:Other
- Structure Style:Triplex
- Building Age:1865
- Bedrooms:2
- Bathrooms:2
- Heating Type:Forced air
- Style:Detached
- Storeys:3
- Basement Type:Full (Unfinished)
- Cooling Type:Central air conditioning
- Exterior Type:Brick
- Amenities Nearby:Playground, Public Transit, Shopping

Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - London*
Tel: 519- 667-1800
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- Map 419 RICHMOND Street, London, Ontario, N6A3C8
- Neighbourhood Information
419 RICHMOND Street, London, Ontario, N6A3C8
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