430 RICHMOND STREET E Active Save Request In-Person Tour Request Virtual Tour
London,ON N6A3C9
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $249
Subdivision East K
MLS Listing ID X9347484
Originating Board London and St. Thomas Association of REALTORS®
Property Description
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:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Garage No
View Y/N No
Private Pool No
Building
Sewer Sanitary sewer