London, ON N6A3C3 342 RICHMOND STREET

$1,700,000

342 RICHMOND STREET London, ON - Image 1342 RICHMOND STREET London, ON - Image 2342 RICHMOND STREET London, ON - Image 3
34 more
342 RICHMOND STREET London, ON - Image 4342 RICHMOND STREET London, ON - Image 5342 RICHMOND STREET London, ON - Image 6342 RICHMOND STREET London, ON - Image 7342 RICHMOND STREET London, ON - Image 8342 RICHMOND STREET London, ON - Image 9342 RICHMOND STREET London, ON - Image 10342 RICHMOND STREET London, ON - Image 11342 RICHMOND STREET London, ON - Image 12342 RICHMOND STREET London, ON - Image 13342 RICHMOND STREET London, ON - Image 14342 RICHMOND STREET London, ON - Image 15342 RICHMOND STREET London, ON - Image 16342 RICHMOND STREET London, ON - Image 17342 RICHMOND STREET London, ON - Image 18342 RICHMOND STREET London, ON - Image 19342 RICHMOND STREET London, ON - Image 20342 RICHMOND STREET London, ON - Image 21342 RICHMOND STREET London, ON - Image 22342 RICHMOND STREET London, ON - Image 23342 RICHMOND STREET London, ON - Image 24342 RICHMOND STREET London, ON - Image 25342 RICHMOND STREET London, ON - Image 26342 RICHMOND STREET London, ON - Image 27342 RICHMOND STREET London, ON - Image 28342 RICHMOND STREET London, ON - Image 29342 RICHMOND STREET London, ON - Image 30342 RICHMOND STREET London, ON - Image 31342 RICHMOND STREET London, ON - Image 32342 RICHMOND STREET London, ON - Image 33342 RICHMOND STREET London, ON - Image 34342 RICHMOND STREET London, ON - Image 35342 RICHMOND STREET London, ON - Image 36342 RICHMOND STREET London, ON - Image 37342 RICHMOND STREET London, ON - Image 38
Presented By: TEAM GLASSER REAL ESTATE BROKERAGE INC.
  • MLS# X11894453
  • 12/16/2024
  • Request Tour
  • Request Info
  • SQFT • 5,200

Home Details

Prime investment opportunity in the heart of Downtown London! Welcome to 342 Richmond Street, a fully tenanted mixed-use commercial building that perfectly blends income-generating potential with modern upgrades. Featuring an established ground-level storefront and five beautifully renovated residential units, three spacious 2-bedroom, 1-bathroom apartments and two cozy 1-bedroom, 1-bathroom units, this property is designed to attract quality tenants. Each residential unit showcases updated finishes, ensuring long-term tenant satisfaction, while the convenience of on-site laundry adds extra appeal. Recent improvements include a brand-new roof, offering peace of mind for years to come. With a stellar net operating income of $111,000 annually and a high-demand location amidst Londons bustling core, this property is a rare find. Just steps from trendy shops, dining, and cultural landmarks, this property offers an exceptional opportunity to own a turnkey asset in a thriving urban center. Don't miss your chance to capitalize on this premium downtown cash cow! (id:7434)
Presented By: TEAM GLASSER REAL ESTATE BROKERAGE INC.

Interior Features for 342 RICHMOND STREET

Other Interior Features

Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeHot water radiator heat

General for 342 RICHMOND STREET

Building TypeResidential Commercial Mix
CommunityNameEast K
Location DescriptionNorth of York and Richmond
Property TypeRetail
Zoning DescriptionDA1

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $1,700,000
MLS#X11894453
List Date 12/16/2024
Property Type Commercial
Phone 403.608.2191
Request Tour
Request Info
Visit My Website

Similar Properties to 342 RICHMOND STREET

Ask A Question

By submitting your message and personal details you are permitting us to contact you by these means in response to your inquiry.

In addition, you also agree to our Privacy Policy and Terms & Conditions.