523 Richmond Street
London East, ON
- 3,000 sqft
- Commercial Retail
- 376 days on market
Take advantage of this rare opportunity to lease a fully equipped, exquisite, and licensed restaurant in the heart of London's vibrant Richmond Row. This location is a standout destination for locals and visitors alike. Just steps from major venues like Budweiser Gardens and Canada Life Place, it is the perfect pre or post event dining spot. The area is lively and walkable, surrounded by shops, entertainment, and a vibrant urban vibe. Located at 523 Richmond Street, this spacious venue offers a transferable liquor license for 187 indoor seats + 94 patio seats, private dining space, Net Rent = $12,500 per month + TMI = $6,200 per month. Their stunning patio has been recognized among Canadas Top 100 Outdoor Eateries by OpenTable, making this location a true hidden gem and a must-visit dining destination in downtown London. Set up for success with a turnkey layout, high foot traffic, and excellent exposure. Ideal for experienced operators ready to hit the ground running in one of Londons most dynamic corridors. Chattels & Equipment can be purchased from the Landlord for $100,000.
Listing Details
- Taxes (2025) — owner
- $6,200
- Listed
- August 29, 2025
Price History
Property
- Lot Size
- 43 x 137 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Richmond St & Dufferin Ave
- Zoning
- DA2
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Hospitality/Food Related
- Rental Term
- 60-120 months
Included
- Exclusions
- Artwork
Community
Postal area N6A
- Population
- 13,810
- Private dwellings
- 9,768
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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