551 Richmond Street 11
East F, London East, N6A 3E9
$274,000
- 2 bathrooms
Listed 76 days ago · MLS® X13640144
About this home
Unbeatable Richmond Row Downtown Location! Own a 40-seat, fully equipped franchise restaurant in the heart of London Downtown. This high-traffic gem features two patios, perfect for maximizing seasonal revenue. Close to Western University, Fanshawe College, and major corporate hubs, this turnkey space offers maximum visibility. An added bonus: a portion of the space is subleased to Dough Bits, providing additional rental income and reducing your operating costs. A rare opportunity to secure a proven franchise in one of London's most sought-after commercial corridors.
Details
- Type
- Sale Of Business
- Lot
- 245 × 245 ft
- Garage
- Street
- Neighbourhood
- East F
- Municipality
- London East
Interior
- Bathrooms
- 2 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm
- Utilities
- Available
Building and exterior
- Building area
- 3,282 Square Feet
More
- Possession
- Flexible
- Cross street
- Richmond & Albert
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 5 grocery stores, 94 cafés and restaurants, 10 parks, 2 pharmacies. Nearest grocery: Sacred Earth Vegan Market (700 m). Nearest park: Victoria Park (200 m).
Schools nearby
Elementary
- Lord Roberts Public School15 min walk
- Jeanne-Sauvé Public School
EQAO: Gr 6 reading 97%, math 58%16 min walk - St George's Public School Catholic
EQAO: Gr 6 reading 90%, math 81%17 min walk - Ryerson Public School1.7 km
Secondary
- London Central Secondary School
EQAO: Gr 9 math 81%, literacy test 91%8 min walk - Catholic Central High School Catholic
EQAO: Gr 9 math 57%, literacy test 89%16 min walk - H.B. Beal Secondary School
EQAO: Gr 9 math 56%, literacy test 79%1.3 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N6A
- Owners / renters
- 29% / 71%
- Median household income
- $61,200
- Average age
- 41
- Children under 15
- 7%
- Homes
- 19% detached, 55% high-rise
- Commute by transit
- 12%
- Population
- 13,810
Languages spoken most at home besides English: Spanish 1.1%, Mandarin 1%, Portuguese 0.8%, Arabic 0.6%.
Safety
Crime Severity Index for London police: 73 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by KING REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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