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MLS® X13660732
London, ON
ONE PROPERTY. MULTIPLE INCOME STREAMS. PRIME DOWNTOWN LOCATION. An opportunity designed to get an investor's attention. This three-storey mixed-use property is ideally positioned just steps from Fanshawe College, Dundas Place, Budweiser Gardens, and Covent Garden Market, offering exceptional visibility, foot traffic, and long-term potential. The 1,330 sq. ft. main-floor commercial space is home to a well-established convenience store, successfully owner-operated since 1997, with strong goodwill and a loyal customer base. The business is listed separately and may be purchased with the building for the right buyer. Above are two spacious 3-bedroom residential units of approximately 1,093 sq. ft. and 963 sq. ft., providing additional rental income potential. With zoning allowing uses including retail, café, restaurant, bar, and personal services, the possibilities are broad. Three floors. Multiple revenue streams. One prime downtown address. Whether you're looking to maximize rental income, operate a business, or build a flexible investment portfolio, this property gives you the opportunity to do it all under one roof.
Broker
ROYAL LEPAGE TRILAND REALTY
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Commercial Retail
398 Richmond Street London
London East
Type
Commercial Retail
Parking
None
Property Tax
~$9,787/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
3203 sqft
Parking
None
Finances
List Price
$885,000
Price per SQFT
$276/sqft
Property Tax
~$9,787/yr
Property Specs
Property Type
Commercial Retail
MLS Size
3203 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
London East
Listed On
Aug 10, 2026
Days on Market
Current: 89 days
Room information is not available for this listing.
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