London East, ON N6A 3E6,484 RICHMOND ST E #102
London East, ON N6A 3E6,484 RICHMOND ST E #102
London East, ON N6A 3E6,484 RICHMOND ST E #102
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$75,000
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484 RICHMOND ST E #102 London East, ON N6A 3E6

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Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Subdivision East F

MLS Listing ID X12612694

Annual Tax Amount $500

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Exceptional opportunity to own a well-established takeout-only sushi restaurant located in one of downtown London's highest-traffic corridors. Ideally positioned on Richmond St. at Dufferin Ave, this business benefits from outstanding visibility and a strong existing customer base drawn from surrounding high-rise condos, commercial buildings, residential communities, and the constant foot traffic around Victoria Park. This fully turn-key operation runs efficiently 6 days per week, leaving significant potential for growth. The restaurant already maintains strong partnerships with major delivery platforms including UberEats and SkipTheDishes, providing seamless continuity for the new owner. Additional revenue opportunities include expanding hours (Sundays and late-night), adding catering services, and introducing complementary menu items such as sushi burritos, sushi tacos, specialty rolls, bubble tea, desserts, or even other retail food concepts. The space offers approximately 700 sq. ft., two dedicated parking spaces at the front, and valuable additional storage in the basement. Rent is very reasonable at $2,187.91/month + approximately $200/month for hydro, keeping operating costs low and margins strong. Remaining lease runs until December 31, 2026, with a 5-year renewal option available. All existing equipment and fixtures are included. A rare chance to step into a profitable, well-located business with excellent growth potential on one of London's most vibrant and sought-after commercial strips.

Location

Province ON

County Middlesex

Area Middlesex

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 71.86

Others

Security Features No

ParcelsYN No


Listed by THE AA REALTY GROUP INC.

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Jeremy Creed

Jeremy Creed

Marketing Director

+1(416) 671-8471

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484 RICHMOND ST E #102