551 Richmond Street, Unit 11

London, N6A 3E9

Bathrooms: 2 baths
Interior: 3,282 ft²
Lot: 1.38 acres
Type: Sale Of Business
On the market: 72 days

Compare 551 Richmond Street, Unit 11

About this home

Unbeatable Richmond Row Downtown Location! Own a 40-seat, fully equipped franchise restaurant in the heart of London Downtown. This high-traffic gem features two patios, perfect for maximizing seasonal revenue. Close to Western University, Fanshawe College, and major corporate hubs, this turnkey space offers maximum visibility. An added bonus: a portion of the space is subleased to Dough Bits, providing additional rental income and reducing your operating costs. A rare opportunity to secure a proven franchise in one of London's most sought-after commercial corridors.

Features

Public Transit

Property details

MLS® number: X13640144
Property type: Sale Of Business
Bathrooms: 2
Interior size: 3,282 ft²
Lot: 1.38 acres
Heating

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Gas Forced Air Closed

Cooling

Yes

Sewer

Sanitary+Storm

Parking: garage: street
Possession: Flexible
Cross street: Richmond & Albert
Municipality: London

What it could cost each month

Mortgage estimate

$1,213a month

$54,800 down, 4.5%, 25 years

Down payment

5%10%20%

Interest rate

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An estimate, not a quote. Under 20% down, the mortgage default insurance premium is added to the loan.

Location

London, near Richmond & Albert

551 Richmond Street, Unit 11, London

Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Listing courtesy of KING REALTY INC.

Listed on the MLS® System of the Toronto Regional Real Estate Board. MLS® number X13640144. Measurements are approximate.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS® and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Robert Georgopoulos and George Georgopoulos are Sales Representatives with RE/MAX Advantage Realty Ltd., Brokerage. Each office independently owned and operated.

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