$2,250,000
( $292.21Per Sq Foot )
 $12,078 est/mo Sourced by Back At You

523 Richmond Street,London East, ON N6A 3E8

London East, ON N6A 3E8

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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 finished 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.

Details

MLS #X14109900
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site12
Listing Provided ByROYAL LEPAGE REAL ESTATE SERVICES LTD. | X14109900 519050

Features

SQ Feet7,700
Acreage0.18

Interior

CoolingYes

Exterior

Security FeaturesYes

Utilities

UtilitiesAvailable

Taxes

Tax Annual Amount43000
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyMiddlesex
CityLondon East
Postal CodeN6A 3E8
AreaEast B
Listing VS Median (in N6A 3E8)
Price:
$2,250,000
low | high
Med:
$2,250,000
50% of Average
sqft:
7,700
low | high
Med:
7,700
50% of Average
$ / sqft:
$292
low | high
Med:
$292
50% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyMiddlesex
CityLondon East
Postal CodeN6A 3E8
AreaEast B
Listing VS Median (in N6A 3E8)
Price:
$2,250,000
low | high
Med:
$2,250,000
50% of Average
sqft:
7,700
low | high
Med:
7,700
50% of Average
$ / sqft:
$292
low | high
Med:
$292
50% of Average
On site:
12
low | high
Med:
12
100% of Average
Sourced by Back At You
Listing Updated: October 23, 2026 at 12:03:23 PM PDT