Aldo Udovicic, BrokerRe/Max Crossroads Realty Inc., Brokerage533 Danforth Rd, Scarborough(416) 438-2536getaldonow@gmail.com
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Listings398 Richmond Street

398 Richmond Street, London East, ON N6A 3C7

$885,000

active
MLS® #X13660732CommercialEast K
0Beds
0Baths
3,203Sq Ft
398 Richmond Street, London East, ON N6A 3C7 - Photo 1
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About This Property

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.

Property Details

Property Type

Commercial

Status

Active

MLS® Number

X13660732

Bedrooms

0

Bathrooms

0

Interior Sq Ft

3,203

Neighbourhood

East K

Listed

August 11, 2026

Features & Amenities

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Air Conditioning
Basement

Location

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398 Richmond Street, London East, ON N6A 3C7

398 Richmond Street, London East, ON N6A 3C7

Listing Information

MLS®# X13660732
ROYAL LEPAGE TRILAND REALTY
Listed August 11, 2026

$885,000

Commercial · For Sale

0

Beds

0

Baths

3,203

Sq Ft

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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9