430 Richmond Street E London, ON

$1,499,000
|
  6 Full
|

PROPERTY INFO

Incredible Opportunity to own this cash flow positive, full renovated, mixed use residential/commercial building along Richmond Street. Located just South of Queens Street, steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Ground floor consists of a open concept bachelor suite with 3 piece washroom. Main floor consists of 2000 SF of retail space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated; 1-2 bedroom and 1 open concept Bachelor unit 800 SF, with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dining, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units both with 3 piece bathrooms leased at $1600 and $1400 inclusive. Common area coin laundry for extra weekly income. **** EXTRAS **** Approved fire plan in place. Rental License with City of London. Fully compliant. (id:4555)

PROPERTY SPECS

Listing ID X9347484
Address 430 RICHMOND STREET E
City London, ON
Price $1,499,000
Bath 6 Full
Land Size Bldg=19.05 x 97.55 FT ; 97.60 ft x 19.05 ft x 97.55 ft x 19.0
Status For sale

EXTENDED FEATURES

Farm OtherCooling Fully air conditionedHeating OtherHeating Fuel Natural gasUtility Water Municipal water Date Listed 2024-09-13 14:01:15Days on Market 63

REQUEST MORE INFORMATION

LISTING OFFICE:
Streetcity Realty Inc., Rahim Charania

TODAY'S MARKET NEWS

Read the latest news about commercial real estate in Windsor-Essex


Episode 55:
Making Moves: My Life Journey Told Through Real Estate

Shaun Majumder

Episode 54:
The Working REALTORĀ®: Embracing Mentorship in Real Estate

Episode 53:
Unpacking the Draft Business Case for REALTOR.ca

Episode 52:
Working Together to Address Housing Supply - The Honourable Sean Fraser

Episode 51:
Housing Market Update: Canadian Economists Weigh-In

Episode 50:
Getting Creative With Content Marketing

Melanie Deziel

Episode 49:
The Working REALTORĀ®: Lessons Learned in Real Estate

Episode 48:
Leading and Living With Purpose

Zahra Al-Harazi

Episode 47:
The Nature of Productive Disagreements

Anthony Morgan

Episode 46:
Colours, Trends, and Influences: A Palette of Possibilities

Leatrice Eiseman


Loading...