523 Richmond ST, London East, ON N6A 3E8
523 Richmond ST, London East, ON N6A 3E8
523 Richmond ST, London East, ON N6A 3E8
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Christine Domina

Christine Domina

Christine Domina - Real Estate Smarts

+1(416) 873-4747
$2,250,000
Est. payment /mo
7,700 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 7,700 sqft

Price per Sqft $292

Subdivision East B

MLS Listing ID X14109900

Annual Tax Amount $43,000

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

One-of-a-kind opportunity to purchase an exceptional commercial property with a fully equipped restaurant in the heart of London's vibrant Richmond Row. Located at 523 Richmond Street, this beautifully rebuilt building showcases artistic design, exceptional craftsmanship and over 7,700 sq. ft. of finished space, including a large finished basement. The impressive restaurant layout features private dining space, a spectacular outdoor courtyard ideal for dining and special events, and a front patio overlooking Richmond Street. Liquor-licensed capacity for 187 indoor seats plus 94 patio seats, subject to applicable approvals. A separate Richmond Street entrance leads to an approximately 1,200 sq. ft. upper-level apartment, currently rented and providing supplementary income. Outstanding exposure in a lively, walkable downtown destination surrounded by shopping, dining and entertainment. A fantastic opportunity for an owner-operator or investor to acquire a distinctive property with extensive restaurant infrastructure. The entire property could be available with vacant possession, subject to existing tenancy arrangements and applicable requirements.

Location

Province ON

County Middlesex

Area Middlesex

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 43.0

Lot Depth 137.0

Others

Security Features Yes

ParcelsYN No

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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Christine Domina

Christine Domina

+1(416) 873-4747

Realtor License ID: 9603994

Realtor License ID: 9603994

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