523 Richmond Street London East, Ontario N6A 3E8

7,700 sqft
Fully Air Conditioned Forced Air

$2,250,000

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. (id:49269)

Property Details

MLS® Number X14109900
Property Type Retail
Community Name East B

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 7700 Sqft
Size Interior 7,700 Sqft
Utility Water Municipal Water

Land

Acreage No
Size Depth 137 Ft
Size Frontage 43 Ft
Size Irregular Bldg=43 X 137 Ft
Size Total Text Bldg=43 X 137 Ft
Zoning Description Da2

https://www.realtor.ca/real-estate/30436461/523-richmond-street-london-east-east-b-east-b

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