Skip to main content
12 - 515 Richmond Street

12 - 515 Richmond Street

London East, ON

  • 772 sqft
  • Sale Of Business
  • 89 days on market
$99,000

Modern bubble tea café in a busy London location with strong exposure and surrounded by dense residential and commercial development.Located near apartments, student housing, retail plazas, and daily traffic, making it an ideal spot for a new food or beverage concept. Clean setup with existing equipment, prep area, seating, and leasehold improvements already in place. Perfect for someone looking to take over and run their own café, dessert shop, drink concept, or quick service business. Save the time and cost of building from scratch and rebrand it into your own vision. Great opportunity for owner-operators or expanding brands, rebranding. Monthly rent is $2,936.21 inclusive of TMI and HST, with a lease until April 2032.

Listing Details

Listed
June 15, 2026

Price History

Listing history

Sign in to view

Property

Lot Size
19.1 x 42 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Richmond Street / Dufferin Avenue
Zoning
Commercial
Parcel Number
082640103
Possession
60-89 days
Occupancy
Owner

Commercial

Business Type
Cafe

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

CENTURY 21 ATRIA REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
772 sq ft
Price per sq ft
$128.24

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences