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MLS® X12865098
London, ON
A rare opportunity to acquire a flagship Mobil-branded gas station and convenience store in one of Londons highest-traffic locations. Established in 1985, this operation offers over four decades of consistent revenue, community trust, and the strength of a globally recognized brand. Situated prominently at the signalized corner of Adelaide Street South and Thompson Street, the site benefits from unmatched visibility to more than 26,000 vehicles per day, steady walk-in traffic, and direct access to established residential neighbourhoods immediately behind the property. The convenience store spans approximately 1,200 square feet and features dual washrooms, on-site parking, and an efficient layout designed for customer flow and operational ease. Current lease terms are approximately $6,500 plus HST net per month under a cross-lease arrangement, providing stability for long-term operators. The purchase price is in addition to the cost of inventory at closing. This property represents a recession-resistant business model anchored by fuel and retail sales, with significant future upside potential through ancillary services such as lottery, ATM, foodservice, or parcel pickup. An exceptionally well-located, turnkey business in one of London's busiest corridors, this offering provides immediate cash flow and long-term security.
Inclusions
three coolers, Feral shake machine, Freezer, windshield rack, all the shelving outside and in the store, pos cards machine, pop corn machine, patty warming machine. three tv's, computer, camera security system,
Exclusions
Coke, Pepsi, Aquafina, ice cream, freezer, ice freezer, slushy machine, passport photo camera, coffee machine, lotto machine, phone cards machine
Broker
CENTURY 21 FIRST CANADIAN CORP
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Sale Of Business
19 Adelaide Street S London
London South
Type
Sale Of Business
Parking
None
Property Tax
~$7,900/yr
Heating
Electric Forced Air
Buying Essentials
Square Feet
1200 sqft
Parking
None
Finances
List Price
$490,000
Price per SQFT
$408/sqft
Property Tax
~$7,900/yr
Property Specs
Property Type
Sale Of Business
MLS Size
1200 sqft
Living & Amenities
Heating Type
Electric Forced Air
Policies & Utilities
Neighbourhood
London South
Listed On
Mar 10, 2026
Days on Market
Current: 242 days
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