MLS®: 107010 Status: For sale

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$749,000
Location:

525 Richmond Street, London Ontario, N6A3E8

525 Richmond Street, London Ontario
Description:
**Lot size: 22,28' x 78.84' x 86.39' x 21.39' R. Mixed use commercial/residential property in the heart of Richmond Row. Sale includes Cilantro Mediterranean Cuisine (turn-key) on the main level and two upper residential apartments. Restaurant is leased at $3,000.00 per month plus all utilities. Main level was completely re-built-kitchen, mechanical equipment, walk-in cooler washrooms, flooring, digital security cameras, chattels etc. Two 2 bedroom apartments have been updated and are rented at $1,100 and $900 per month plus 50% of hydro. Gross annual income of $60,000 and net operating income of $42,342. (id:2471)
Property:
Type: Retail
Lot Dimensions: 0.04Acreage: 0.04 ac|under 1/2 acre
Sewer: Sanitary sewerWater: Municipal water
Structure:
Age: 1900
Style: Retail
Heating: Forced air
Heating Type: Natural gas
Cooling Type: Central air conditioning
Exterior: Brick
Flooring: Ceramic, Hardwood
Foundation Type: Block
Features:
Handicapped adaptable     
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525 Richmond Street, London Ontario

RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com

Gord Prior
Sales Representative

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Telephone:
519-667-1800



Listing Offices: RE/MAX CENTRE CITY REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED, CENTURY 21 FIRST CANADIAN CORP

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