$1,265,000

519 Richmond Street

London ON, N6A 3E8

Description

Incredible opportunity to invest in the heart of downtown London. Abutting the new Richmond One highrise, this mixed-use property is front and center on Richmond Row. The main floor (2,319 SF) commercial space is leased by Lou Dawgs Southern BBQ until June 30, 2028. The second and third floors contain two large luxury apartments (1-two bedroom and 1-one bedroom) with exposed brick, modern finishes, and great tenants. Strong value off the bat with the opportunity to increase rents and/or unlock added Airbnb rental revenue.

Details

MLS#253828
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site163

Features

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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6A 3E8
AreaEast
Listing VS Median (in N6A 3E8)
Price:
$1,265,000
low | high
Med:
$1,265,000
50% of Average
On Site:
163
low | high
Med:
163
100% of Average
Listing Updated: 09/17/2020
JAMIE DODDS LogoMLS Number: 253828
Listing Provided By:
JAMIE DODDS  of  PRIME REAL ESTATE BROKERAGE
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