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1135 Richmond Street

1135 Richmond Street

London East, ON

  • 1 bath
  • Sale Of Business
  • 192 days on market
$45,000Price reduced 53%

Excellent opportunity to acquire a profitable, well-established vape retail business located steps from the university. This location benefits from high pedestrian exposure in a bustling, high-traffic plaza.The area continues to see significant new student residential development, further strengthening foot traffic and long-term growth potential. This turnkey operation features consistent annual revenue, solid margins and established repeat customer base.Excellent upside potential through enhanced marketing and social media presence. A fantastic opportunity for an owner-operator or investor to capitalize on continued student population growth and increasing demand.Inventory is additional.

Listing Details

Originally Listed
$95,900
Listed
March 4, 2026

Price History

Parking

Garage
None

Location & Legal

Cross Street
Richmond st and Broughdale Ave
Zoning
NSA1
Parcel Number
080800088
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Service Related

Included

Inclusions
Display cabinets, POS terminal, desk, and chairs.
Exclusions
Ring camera

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
$463,250
Homes sold
1,334
Median days on market
25
Sale-to-list price
97.0%

Based on 1,334 recorded sales of commercial properties in London East over the last 12 months.

Listed by

RE/MAX ADVANTAGE REALTY LTD.

Walk Score

Walk Score is unavailable for this address right now.

R

Reita | Assistant

Online

Reita said:

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