$ 1,499,000
430 Richmond ST E London, ON N6A 3C9
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$ 1,499,000
Est. payment /mo
Active
430 Richmond ST E London, ON N6A 3C9
6 Baths
6,000 SqFt
UPDATED:
09/13/2024 10:32 AM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $249
MLS Listing ID X9347484
Annual Tax Amount $16,423
Tax Year 2024
Property Description
Incredible Opportunity to own this cash flow positive, full renovated, mixed use residential/commercial building along Richmond Street. Located just South of Queens Street, steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Ground floor consists of a open concept bachelor suite with 3 piece washroom. Main floor consists of 2000 SF of retail space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated; 1-2 bedroom and 1 open concept Bachelor unit 800 SF, with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dining, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units both with 3 piece bathrooms leased at $1600 and $1400 inclusive. Common area coin laundry for extra weekly income.
Location
State ON
County Middlesex
Area East K
Interior
Cooling Yes
Exterior
Utilities Available Yes
Parking Type None
Others
Security Features No
Listed by STREETCITY REALTY INC.