640 Richmond Street
London East, ON
- 1,372 sqft
- Investment
- 203 days on market
Fully leased retail investment along Richmond Row. Leased to House Craft Burgers, a strong local retauranteur with 3 years of terms left on the lease. Property includes 8 on-site parking spaces. Broad Business District Commercial zoning in place allowing for many different uses. Excellent visibility along Richmond Street.
Listing Details
- Taxes (2025)
- $22,928
- Originally Listed
- $958,000
- Listed
- February 10, 2026
Price History
Property
- Lot Size
- 22.75 x 200 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Richmond Street / Hyman Street
- Zoning
- BDC(1)
- Possession
- Flexible
- Occupancy
- Tenant
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.
Local market
Commercial in London East · last 12 months
- Median sold price
- $460,000
- Homes sold
- 1,318
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,318 recorded sales of commercial properties in London East over the last 12 months.
Listed by
CBRE LIMITED
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,372 sq ft
- Price per sq ft
- $655.25
- Annual property tax
- $22,928
- Tax per sq ft
- $16.71
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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