For Sale

519 Richmond Street, London ON For Sale - MLS ID 232473

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$1,265,000.00
Brokered by: PRIME REAL ESTATE BROKERAGE
MLS ID: 232473
  • Area N/A
  • Rooms 0
  • Bedrooms 0
  • Bathrooms 0.00

Description

Prime mixed-use investment property on Richmond Row in one of the top locations in the city. The main floor is fully renovated and home to a popular restaurant with the current term of the net lease running until 2028. The second and third floor contain two luxury apartments (1 two-bedroom and 1 one-bedroom) with exposed brick, modern finishes, and great tenants. This is a property any investor would be proud of. Lots of upside as London continues to develop and improve the downtown and as residential rents continue to climb, and potential for additional revenue through an Airbnb model. Contact our team for a detailed package outlining rent roll and expenses or to line up a tour.

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Details

  • Type: Other (see remarks) Mixed
  • Style:
  • Year Built: 0
  • Fronting On: South
  • Community:
  • Pool:
  • Bedrooms: 0
  • Bedrooms Above: 0
  • Bedrooms Below: 0
  • Water Front: No
  • Water: Municipal-Metered
  • Heating: Fireplace-Gas
  • Fireplaces:
  • Foundation:
  • Exterior:
  • Basement:
  • Garage: 0.00
  • Sewer: Municipal Sewers

Area Features

  • Downtown
  • Visual Exposure

Floorplans

Location