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$ 75,000
Est. payment /mo
New
484 RICHMOND ST E #102 London East, ON N6A 3E6
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision East F
MLS Listing ID X12612694
Annual Tax Amount $500
Tax Year 2025
Property Sub-Type Commercial Retail
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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