Home ›Listings ›London East ›X13052748

551 Richmond Street London East ON

📍 London East, Ontario N6A 3E9

$325,000

Active
2BATHS
245×245LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13052748
ListedApr 28, 2026
Days on Market—
Property TypeCommercial
StyleSale Of Business
Cross StreetRichmond & Albert
PossessionFlexible

📝 Listing Description

Unbeatable Richmond Row Downtown Location! Own a 40-seat, fully equipped franchise restaurant in the heart of London Downtown. This high-traffic gem features two patios, perfect for maximizing seasonal revenue. Close to Western University, Fanshawe College, and major corporate hubs, this turnkey space offers maximum visibility. An added bonus: a portion of the space is subleased to Dough Bits, providing additional rental income and reducing your operating costs. A rare opportunity to secure a proven franchise in one of London's most sought-after commercial corridors.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business
Bathrooms2

📐 Lot & Land

Lot Width245 ft
Lot Depth245 ft
Cross StreetRichmond & Albert

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GarageStreet

🧮 Mortgage Calculator

$65,000
Est. Monthly Payment
$1,597/mo
Principal: $260,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by KING REALTY INC.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13052748 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.