523 RICHMOND STREET, London East (East B)

  • Home
  • 523 RICHMOND STREET, London East (East B)
  • By
  • November 10, 2026
  • No Comments
For sale Active MLS® X14109900

523 RICHMOND STREET

London East (East B), Ontario N6A3E8

$2,250,000
  • 7700 sqft
  • Retail

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Property typeRetail
Lot sizeBldg=43 x 137 FT
Annual taxes$43,000
Listed onOct 23, 2026

Description

One-of-a-kind opportunity to purchase an exceptional commercial property with a fully equipped restaurant in the heart of London's vibrant Richmond Row. Located at 523 Richmond Street, this beautifully rebuilt building showcases artistic design, exceptional craftsmanship and over 7,700 sq. ft. of finished space, including a large finished basement. The impressive restaurant layout features private dining space, a spectacular outdoor courtyard ideal for dining and special events, and a front patio overlooking Richmond Street. Liquor-licensed capacity for 187 indoor seats plus 94 patio seats, subject to applicable approvals. A separate Richmond Street entrance leads to an approximately 1,200 sq. ft. upper-level apartment, currently rented and providing supplementary income. Outstanding exposure in a lively, walkable downtown destination surrounded by shopping, dining and entertainment. A fantastic opportunity for an owner-operator or investor to acquire a distinctive property with extensive restaurant infrastructure. The entire property could be available with vacant possession, subject to existing tenancy arrangements and applicable requirements. (id:37124)

Property details

Price$2,250,000
StatusActive
TransactionFor sale
Property typeRetail
Living area7700 square feet
Lot sizeBldg=43 x 137 FT
Frontage43
ZoningDA2
HeatingForced air, Natural gas
CoolingFully air conditioned
WaterMunicipal water
Annual taxes$43,000
Listed onOct 23, 2026
MLS® numberX14109900

Location

All listing details (31)
Building Area Total7700
Building Area Unitssquare feet
CityLondon East (East B)
City RegionEast B
CoolingFully air conditioned
CountryCanada
DirectionsCross Streets: Richmond St & Dufferin Ave. ** Directions: Head north on Richmond St towards Oxford St and the property will be located on the west side of Richmond St.
Fireplace YNNo
Frontage Length Numeric43
Frontage Length Numeric Unitsfeet
Geocode Manual YNNo
HeatingForced air, Natural gas
Internet Address Display YNYes
Internet Entire Listing Display YNYes
List AORToronto
List Price2250000
Living Area7700
Living Area Unitssquare feet
Lot Size DimensionsBldg=43 x 137 FT
Original Entry Timestamp2026-10-23T13:35:39.07Z
Photos Count50
Postal CodeN6A3E8
Property Sub TypeRetail
Standard StatusActive
State Or ProvinceOntario
Street NameRichmond
Street Number523
Street SuffixStreet
Tax Annual Amount43000
Water SourceMunicipal water
Zoning DescriptionDA2

Listing courtesy of

Listing brokerage

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

4101 YONGE STREET UNIT 502, TORONTO, Ontario

416-487-4311

Listing agent

JASON KLEYN

416-487-4311

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.