346 Richmond Street, London East

$135,900
346 Richmond Street

$135,900

New
28d
Sale Of Business

346 Richmond Street, London East

Total Monthly Obligation $923

Beds
0
Baths
0
Park
0
DOM
28d
Property Type-Sale Of Business
MLS® Number-X13827246
Beds-0
Lot Size-20 × 97.12 ft
Listed on site-Sep 25, 2026
Building Type-Sale Of Business
Parking-None
Heating-Gas Forced Air Closed
Brokerage-RE/MAX ICON REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-East K
Title-Commercial

No agent assigned

Excellent opportunity to own a turnkey restaurant business in the heart of Downtown London! The RedBox, a Desi-Street Style Indian-Chinese restaurant, this well-equipped establishment is prominently located near the busy intersection of Richmond Street and York Street, offering excellent visibility and convenient access.The versatile space is well suited for dine-in, takeout, delivery and catering operations, with the flexibility to continue the existing concept or introduce a new food business. The sale includes essential restaurant equipment and chattels, providing an excellent opportunity for an experienced restaurateur or first-time business owner. The restaurant offers seating capacity for approximately 40 guests. The kitchen features a good-sized commercial exhaust hood, spacious walk-in cooler and equipment to support an active food-service operation. Two washrooms are also available.Conveniently located minutes from VIA Rail, Fanshawe College's Downtown Campus, Victoria Park and with easy access to Western University, the location benefits from Downtown London's residential, student, commuter and business activity. A new five-year lease renewal option is available, providing added stability for the next operator. Owner training can also be provided if required. Turnkey restaurant opportunity in a high-visibility Downtown location - bring your concept and make it your own! Please contact me for any more information or to schedule a visit. ** Some items were removed from the kitchen/shelves for the purpose of the picture taken.

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Closing Costs

Mortgage Amount
$108,720
Land Transfer Taxes$1,084
Legal Fees (Est.)
$
Total cash required for closing$29,764

Total Monthly Obligation

$923/mo
Mortgage $548
Monthly Loss $779
Principal$144
Interest$404
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

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