419 Richmond St - Storefront Retail/Residential FOR SALE


London, ON N6A 3C8
$595,800 CAD
905-257-3633
419 Richmond St, London, ON for Sale
$595,800 CAD
Storefront Retail/Residential - FOR SALE
1/3
null | 4.75% Cap Rate

419 Richmond St
London, ON N6A 3C8


HIGHLIGHTS

  • Turn-key mixed use commercial/residential property in the heart of Downtown London.
  • High visibility building with great street presence and high foot traffic!
  • Prime location with ample public parking available.

OVERVIEW

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. Two residential apartments have been updated and are rented at$1,700 and $1200 per month. Shared laundry facilities on-site. Just around the corner from Budweiser Gardens and Fanshawe College Downtown Campus. Ample public parking nearby. Excellent return on investment. Copy of commercial lease and income and expense statements available upon request. Do not miss this opportunity to build your real estate portfolio!

FOR SALE DETAILS

PRICE

$595,800 CAD

PRICE/SF

$433 CAD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1868

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.01 AC

LAND SF

436 SF

ZONING

DA1

APN/PARCEL ID

393601002010100

ASK ABOUT THIS PROPERTY

Amer KassemRoyal LePage Real Estate Services LtdMore Info
905-257-3633

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Amer KassemRoyal LePage Real Estate Services LtdMore Info
905-257-3633

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.