642 Richmond ST new

London East,ON N6A 3G6

$ 699000

- Bed

- Bath

3286 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $212

Subdivision East F

MLS Listing ID X12147479

Annual Tax Amount $16,955

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Prime Richmond Row location with 2-3 parking spaces on East side across from John Street between Joe Kool's and The Ceeps. Great street frontage. Separate entrance from street to the apartment on the second floor consisting of a 2B (664 SF) apartment previously rented at $1,845 per month with access to an unfurnished 664 SF loft area. Loft could be upgraded to provide additional bedrooms or storage for the apartment space. The main floor was renovated to medical offices in 2016 and had previously operated as a retail clothing store. The building is currently vacant and available for an owner-user or as a small investment opportunity. Separate hydro meters for main and 2nd floor. The Laneway on north side of property provides access to the private rear parking for 2 to 3 cars (depending on size). The Laneway extends from Richmond St. to Wellington St. Zoning is BDC (1) zoning allowing Offices (including medical/dental), personal service, retail, restaurant, studio and more. The Property is listed as having Cultural Heritage Status (but believed to be unrestricted regarding renovations). See Sales Brochure link for floor plans and pictures.

Location

Province ON

County Middlesex

Community East F

Area Middlesex

Zoning BDC(1)

Interior

Cooling Partial

Exterior

Utilities Available Yes

Lot Frontage 25.0

Lot Depth 87.4

Others

Security Features No

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