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About the Listing 396202 -
Excellent opportunity to acquire a well-maintained 11,078 SF commercial property in the heart of downtown London at Richmond Street and Dufferin Avenue, overlooking Victoria Park. Zoned DA2 with on-site parking, the property permits a wide range of uses including retail, restaurants, offices, clinics, medical/dental, schools, art galleries, assembly halls and commercial recreation. The building is occupied by established tenants including Commonwealth Coffee, Stobie's Pizza, Roli Poli Ice Cream and Umiga Sushi, all secured on leases, while the vacant 5,777 SF second floor offers freshly updated office space ideal for an owner-user. Seller can provide a one year lease if desired. A strong opportunity for both owner-users and investors seeking a prominent downtown asset with existing income and long-term flexibility. Current NOI of $253,327.86
Listing Highlights for 478-484 Richmond St
Interior Details
- Appliances:
- Air Cond: Yes
- Heating: Gas Forced Air Closed
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: Outside/Surface,No Garage
Financial Details
- Tax Amount: $34,676
- Taxes w/Assessments: N/A
- Tax/Property ID: 082640018
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
478-484 Richmond St London, ON N6A 3E6
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