12 - 515 Richmond Street
London East, ON
772 sqft • Sale Of Business • 149 days on market
An exciting opportunity to own a fully operational and profitable bubble tea shop in a high-traffic retail plaza. This well-established business is located in a leased commercial unit with strong visibility and steady foot traffic, surrounded by residential neighborhoods, schools, and other complementary businesses. Strong social media presence and loyal customer base ,Attractive lease terms with very low rent. Perfect for owner-operators or investors looking for a low-maintenance, high-demand profitable business in the food and beverage sector. Don't miss this turn-key opportunity!
Listing Details
- Taxes (2025)
- $3,087
- Listed
- March 27, 2026
Price History
Listing history
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Property
- Lot Size
- 19.1 x 42 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Richmond Street / Dufferin Avenue
- Zoning
- Commercial
- Parcel Number
- 082640103
- Possession
- Flexible
Commercial
- Business Type
- Cafe
- Occupancy
- Owner
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
- $461,500
- Homes sold
- 1,311
- Median days on market
- 24
- Sale-to-list price
- 97.1%
Based on 1,311 recorded sales of commercial properties in London East over the last 12 months.
Listed by
HOMELIFE/MIRACLE REALTY LTD
Location
Commercial figures
- Building area
- 772 sq ft
- Price per sq ft
- $257.77
- Annual property tax
- $3,087
- Tax per sq ft
- $4.00
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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