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1 - 551 RICHMOND STREET, London, Ontario, N6A 3E9

MLS® # X9393373
Commercial For Sale In Central London, London, Ontario
$299,990
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
1 - 551 Richmond Street, London, ON
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ACTIVE
1 - 551 RICHMOND STREET, London, Ontario, N6A 3E9
$299,990

Property Information:

Prime 1,975 sq ft turnkey restaurant opportunity on bustling Richmond Row in London. Enjoy high visibility and foot traffic from the vibrant student population with proximity to both Western University and Fanshawe College. This well-equipped restaurant features a walk-in freezer, fridge, fryer, and hood, as well as an LLBO license and patio seating. The recently renovated basement offers additional prep space, perfect for expanding your operation. Zoned for a wide range of uses and with along lease remaining, this is an exceptional opportunity for a restaurant or business owner looking to capitalize on a thriving location. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Depth: 94.1 Feet
  • Lot Frontage: 97.0 Feet
  • Lot Size: Bldg=97.06 x 94.1 FT
  • Zoning: BDC
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX ADVANTAGE REALTY LTD.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1 - 551 RICHMOND STREET, London, Ontario, N6A 3E9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 1 - 551 RICHMOND STREET , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1 - 551 RICHMOND STREET , experiences 11 significant 2-day storms per year, with about 328.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 402.9mm of precipitation per year.

Precipitation Per Storm

Past
328.2mm
2050
402.9mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1 - 551 RICHMOND STREET, London, Ontario, N6A 3E9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$102,132.51

Average Number of Children

1.35

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.18 %

High school certificate or equivalent

23.54 %

Apprenticeship trade certificate/diploma

4.59 %

College/non-university certificate

23.47 %

University certificate (below bachelor)

3.03 %

University Degree

35.2 %

Commuter

Travel To Work

By Car

57.32 %

By Public Transit

17.05 %

By Walking

20.81 %

By Bicycle

1.31 %

By Other Methods

3.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

97.56 %

Houses

2.44 %

Own Vs. Rent

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