Royal LePage Maximum Realty Brokerage

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Brokerage Services For MLS Property listings in Greater Toronto

RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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398 Richmond Street, London East, ON N6A 3C7

Business For Sale | X13030498Sale

Listing ID: X13030498
$999,999
Listing ID #X13030498
Property Description

An opportunity like this doesn’t come around often. Own the building and the business in one of the city’s most dynamic, high traffic locations offered as the current owner prepares for retirement after decades of success. Perfectly positioned just steps from Fanshawe College, Dundas Place, Budweiser Gardens, and Covent Garden Market, this standout three storey mixed use property delivers the ultimate blend of visibility, versatility, and income potential. At street level, a thriving 1, 330 sq ft convenience store anchors the property, a well established, owner operated convenience store business since 1997 with strong goodwill and a loyal customer base. Included in the sale (inventory extra), this turnkey operation offers immediate cash flow from day one. Above, two spacious 3-bedroom residential units provide excellent rental income potential in a location tenants actively seek. Zoning allows for a wide range of uses retail, cafe, restaurant, bar, or personal services giving you the flexibility to evolve the space as you grow. Live, work, and invest all under one roof. Rent out both apartments and the commercial space for maximum returns, or move into one unit while the rest of the property pays for itself. This is more than a property, it’s a proven income generator in a prime downtown location.

Basic Details
Listing ID : X13030498
Listing Type : Sale
Price : $999,999
Status : Active
Property Sub Type : Sale Of Business
Map
Address Map
398
Richmond
US
ON
Middlesex
London East
N6A 3C7
Street
East side of Richmond St south of Dundas St
DA1
Property Area
East K
Features
: Yes
: Yes
Additional Information
3203
Convenience/Variety
https://www.youtube.com/watch?v=tFNu9bMd4rk
Financial
9787.0
Listing Information
New
2026-04-22T15:40:06Z
TRREB

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