For sale 49$885,000
398 Richmond Street
East K, London East, Ontario N6A3C7
For sale· Added
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.
Location
Map data © OpenStreetMap contributors
Upcoming open housesSee all London East open houses
No open houses are scheduled for this property.
Can't make it? Request a private viewing.
Property details
Listing
- MLS® number
- X13660732
- Added
- Aug 11, 2026 ()
- Updated
- Aug 11, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
Land
- Lot size
- 24.05 x 54.51 ft
- Zoning
- DA1
Services
- Water
- Municipal water
Location
- Cross streets
- Richmond and Dundas
Running costs
- Annual property tax
- $9,787
Similar properties in London East
For sale 49









