642 Richmond Street, London East, ON Image 1

$699,000

Commercial Retail For Sale
MLS - #X12147479
May 14- By CBRE LIMITED

642 Richmond Street, London East, ON N6A 3G6

Bed
Bath
3286 Sqft.
None Garage

Property Description

Property type

Commercial Retail

Lot size

N/A

Style

Approx. Area

3286 Sqft

About 642 Richmond Street

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.

Home Overview

Last updated

May 14

Virtual tour

None

Basement information

Building size

3286

Status

In-Active

Property sub type

Commercial Retail

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
69900000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 642 Richmond Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$2669.71/ month

Some information about this property - Richmond Street

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