419 Richmond Street London, Ontario N6A 3C8

Central Air Conditioning Forced Air


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 portfolio! (id:19173)

Property Details

MLS® Number 40019696
Property Type Other
Amenities Near By Public Transit, Shopping
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure
Sign Type Signband


Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1865
Cooling Type Central Air Conditioning
Fireplace Present No
Flooring Type Ceramic, Laminate
Heating Type Forced Air
Stories Total 3
Size Exterior 1375.0000
Utility Water Municipal Water




Access Type Road Access
Acreage No
Land Amenities Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 34 Ft
Size Frontage 17 Ft
Size Irregular 0.5
Size Total 0.5 Ac|under 1/2 Acre
Size Total Text 0.5 Ac|under 1/2 Acre
Zoning Description Da1


Cable Available
DSL* Available
Electricity Available
Natural Gas Available
Telephone Available


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