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New · Listed Oct 23, 2026 · 4 days on market

523 Richmond Street, London East, ON N6A 3E8

$2,250,000

Commercial · Commercial Retail · 7700 sq ft · For Sale

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.

Property summary

TypeCommercial
SubtypeCommercial Retail
Business typeHospitality/Food Related
Building area7700 Square Feet
Lot size43 × 137 ft
Taxes$43,000 / yr
GarageNone
PossessionFlexible
OccupantOwner+Tenant
Property
Lot width43
Lot depth137
Power & Services
Heating typeGas Forced Air Open
UtilitiesAvailable
Zoning & Taxes
Taxes / yr$43,000
Tax year2025
Interested in this property?
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Data provided by TRREB. Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

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