398 Richmond St London, Ontario N6A 3C7

3230 sqft


3 Storey Building Of Student Rental Apartment And A Retail Unit In Downtown London. Walking Distance To London International Academy (Lots Of Chinese Student) And Fanshawe College Digital Center. Fanshawe Will Open A New Building For Addtional Thousands Of Student. 3Br Each In 2nd And 3rd Floor (Total 6Br) And A Convenience Store In The Ground Floor. 2nd Floor Rental Income Is $1,700/Month, 3rd Floor For Owner Living Now. **** EXTRAS **** Potential Gross Rental Income Is About $76,000 Annually. Roof Done In May 2013. A/C, Furnace And Hwt In 2006, Store Floor Redone In 2008. Owner Is Running The Business Now And Food Service Is Approved. It Is Under Preparation. (id:27077)


Business Type Retail and Wholesale
Business Sub Type Convenience store

Property Details

MLS® Number X4079266
Property Type Business
Neigbourhood Central London
Amenities Near By Public Transit


Fireplace Present No
Size Interior 3230 Sqft
Type Other
Utility Water Municipal Water


Acreage No
Land Amenities Public Transit
Size Irregular 24.00x55.00 Ft
Size Total Text 24.00x55.00 Ft



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Homelife/bayview Realty Inc.
505 Hwy 7 Suite 201
Thornhill, ON L3T 7T1

(905) 889-2200
(905) 889-3322