$1,990,000
Completely renovated mixed use commercial building along Richmond Street, located just South of Queens Street steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Beautiful brick and beam, this building was home to the original London Free Press in 1868. Each floor is approximately 2000 SF. Basement consists of newly renovated open concept bachelor suite with 3 piece washroom. Main floor consists of 1,200 SF of retail space plus an additional 800 SF of storage space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated. Bachelor 800 SF, open concept with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dinging, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units with both with 3 piece bathroom. Common area coin laundry for extra income. Many 2023 upgrades including separate electrical panels for each unit, new flat roof PVC single layer membrane with new aluminum capping and and 1.5 insulation foam, heating/cooling, plumbing, new appliances throughout, security cameras and keyless entry fob/app system for easy control of tenants. Nothing left to complete with this building. (id:20872)
Property Details
MLS® Number
|
40467723 |
Property Type
|
Office |
Amenities Near By
|
Airport, Hospital, Public Transit, Schools |
Communication Type
|
High Speed Internet |
Community Features
|
High Traffic Area |
Features
|
Visual Exposure |
Sign Type
|
Signband |
Building
Basement Type
|
Partial |
Exterior Finish
|
Brick |
Fire Protection
|
Security System |
Foundation Type
|
Brick |
Stories Total
|
3 |
Size Exterior
|
6000.0000 |
Utility Water
|
Municipal Water |
Land
Access Type
|
Road Access |
Acreage
|
No |
Land Amenities
|
Airport, Hospital, Public Transit, Schools |
Sewer
|
Municipal Sewage System |
Size Frontage
|
19 Ft |
Size Irregular
|
0.043 |
Size Total
|
0.043 Ac|unknown |
Size Total Text
|
0.043 Ac|unknown |
Zoning Description
|
H-3, Da1, D350 |
Utilities
Electricity
|
Available |
Natural Gas
|
Available |
Telephone
|
Available |
https://www.realtor.ca/real-estate/26016657/430-richmond-street-london