575 Richmond Street
London East, ON
- 1,105 sqft
- Commercial Retail
- 116 days on market
Prime retail opportunity in the heart of Downtown London's vibrant Richmond Row district. This beautifully renovated 1,105 SF storefront at 575 Richmond St offers exceptional street presence, modern finishes, large display windows, high ceilings, and strong pedestrian exposure surrounded by restaurants, boutiques, bars, offices, and high-density residential towers. The space features an open concept retail layout with additional storage area in the rear/lower level, making it ideal for a wide range of business uses under BDC(1) zoning including retail boutiques, clothing stores, jewelry stores, salons, aesthetics/beauty uses, wellness services, studios, cafés, offices, specialty food shops, personal service establishments, creative agencies, and more. Located in one of London's busiest urban corridors with constant foot traffic from students, professionals, and downtown residents. Turnkey opportunity for businesses looking to establish themselves in a highly sought-after downtown location. Offering a lease assignment until 2028 for $23 net + $14.16 additional rents ($3,421.82 monthly) plus HST and utilities. Opportunity to sign a longer term lease if preferred.
Listing Details
- Taxes (2026) — owner
- $14
- Listed
- May 18, 2026
Price History
Property
- Lot Size
- 71.62 x 106.05 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Central Ave
- Zoning
- BDC(1)
- Parcel Number
- 082630123
- Possession
- 30-59 days
- Occupancy
- Tenant
Commercial
- Rental Term
- 24-120 months
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
EXP REALTY
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