647-578-9098 905-568-2121
50
$2,250,000 Sale
Listed 9 hours ago
523 Richmond Street
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Listing History
Buy/Sell/Terminated/Expired listing history for 523 Richmond Street
Key Facts
Key facts for 523 Richmond Street
Property Type
Commercial
Parking
None
MLS #
X14109900
Size
-
Basement
-
Listed on
2026-10-23
Lot size
43 x 137.0
Tax
$43,000 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
Description
One-of-a-kind opportunity to purchase an exceptional commercial property with a fully equipped restaurant in the heart of London's vibrant Richmond Row. Located at 523 Richmond Street, this beautifully rebuilt building showcases artistic design, exceptional craftsmanship and over 7,700 sq. ft. of fi...nished space, including a large finished basement. The impressive restaurant layout features private dining space, a spectacular outdoor courtyard ideal for dining and special events, and a front patio overlooking Richmond Street. Liquor-licensed capacity for 187 indoor seats plus 94 patio seats, subject to applicable approvals. A separate Richmond Street entrance leads to an approximately 1,200 sq. ft. upper-level apartment, currently rented and providing supplementary income. Outstanding exposure in a lively, walkable downtown destination surrounded by shopping, dining and entertainment. A fantastic opportunity for an owner-operator or investor to acquire a distinctive property with extensive restaurant infrastructure. The entire property could be available with vacant possession, subject to existing tenancy arrangements and applicable requirements.
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Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.