$885,000
( $276.30Per Sq Foot )
 $4,751 est/mo Sourced by Back At You

398 Richmond Street,London East (East K), ON N6A3C7

London East (East K), ON N6A3C7

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Description

ONE PROPERTY. MULTIPLE INCOME STREAMS. PRIME DOWNTOWN LOCATION. An opportunity designed to get an investor's attention. This three-storey mixed-use property is ideally positioned just steps from Fanshawe College, Dundas Place, Budweiser Gardens, and Covent Garden Market, offering exceptional visibility, foot traffic, and long-term potential. The 1,330 sq. ft. main-floor commercial space is home to a well-established convenience store, successfully owner-operated since 1997, with strong goodwill and a loyal customer base. The business is listed separately and may be purchased with the building for the right buyer. Above are two spacious 3-bedroom residential units of approximately 1,093 sq. ft. and 963 sq. ft., providing additional rental income potential. With zoning allowing uses including retail, café, restaurant, bar, and personal services, the possibilities are broad. Three floors. Multiple revenue streams. One prime downtown address. Whether you're looking to maximize rental income, operate a business, or build a flexible investment portfolio, this property gives you the opportunity to do it all under one roof. (id:374)

Details

MLS #X13660732
Listing TypeFor Sale
StatusActive
Days On Site84
Listing Provided ByROYAL LEPAGE TRILAND REALTY | SATYAM PRASHAR

Features

SQ Feet3,203
ZoningDA1

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount9787

Area Information

ProvinceON
CityLondon East (East K)
Postal CodeN6A3C7
Listing VS Median (in N6A3C7)
Price:
$885,000
low | high
Med:
$885,000
50% of Average
sqft:
3,203
low | high
Med:
3,203
50% of Average
$ / sqft:
$276
low | high
Med:
$276
50% of Average
On site:
84
low | high
Med:
84
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Victoria Jodoin

Victoria Jodoin

Sutton Group - Masters Realty Inc., Brokerage

REALTOR® (613) 328-4708vjodoin@sutton.com
ProvinceON
CityLondon East (East K)
Postal CodeN6A3C7
Listing VS Median (in N6A3C7)
Price:
$885,000
low | high
Med:
$885,000
50% of Average
sqft:
3,203
low | high
Med:
3,203
50% of Average
$ / sqft:
$276
low | high
Med:
$276
50% of Average
On site:
84
low | high
Med:
84
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $663K - $1.106M
sqft: 2,000 - 4,000
Nearby Listings Property ImageNearby Listings Details
159 ALBERT STREET Property Photo 1
$699,900
159 Albert Street
London East (east F), ON N6A1L9
334 QUEENS AVENUE Property Photo 1
$699,000
334 Queens Avenue
London East (east F), ON N6B1X4
Listing Updated: September 28, 2026 at 7:58:44 PM PDT

Victoria Jodoin, REALTOR®

101-705 Arlington Park Pl.
Kingston, ON K7M7E4
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Victoria Jodoin  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 Arlington Park Pl., Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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