346 Richmond Street, London East, ON N6A 3C3
East K, London East · Near Richmond st and York St · View map
About this home
Excellent opportunity to own a turnkey restaurant business in the heart of Downtown London! The RedBox, a Desi-Street Style Indian-Chinese restaurant, this well-equipped establishment is prominently located near the busy intersection of Richmond Street and York Street, offering excellent visibility and convenient access.The versatile space is well suited for dine-in, takeout, delivery and catering operations, with the flexibility to continue the existing concept or introduce a new food business. The sale includes essential restaurant equipment and chattels, providing an excellent opportunity for an experienced restaurateur or first-time business owner. The restaurant offers seating capacity for approximately 40 guests. The kitchen features a good-sized commercial exhaust hood, spacious walk-in cooler and equipment to support an active food-service operation. Two washrooms are also available.Conveniently located minutes from VIA Rail, Fanshawe College's Downtown Campus, Victoria Park and with easy access to Western University, the location benefits from Downtown London's residential, student, commuter and business activity. A new five-year lease renewal option is available, providing added stability for the next operator. Owner training can also be provided if required. Turnkey restaurant opportunity in a high-visibility Downtown location - bring your concept and make it your own! Please contact me for any more information or to schedule a visit. ** Some items were removed from the kitchen/shelves for the purpose of the picture taken.
The home
- Type
- Sale of business
- Lot size
- 20 x 97.1 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Richmond st and York St
- Neighbourhood
- East K
More
- MLS® number
- X13827246
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
346 Richmond Street, London East, ON N6A 3C3
East K, London East · Near Richmond st and York St
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Listing history for 346 Richmond Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 346 Richmond Street
Answers come straight from this home’s MLS® listing.
How much is 346 Richmond Street listed for, and what would it cost each month?
346 Richmond Street is listed for $135,900. With 20% down ($27,180), the mortgage payment would be roughly $548 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $633 a month, all in. That figure is an illustration, not a quote.
Is 346 Richmond Street freehold or a condo, and is there a monthly fee?
346 Richmond Street is a sale of business in East K, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 346 Richmond Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 346 Richmond Street?
346 Richmond Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 346 Richmond Street, and what is the lot size?
The lot is listed as 20 x 97.1 ft.
How is 346 Richmond Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 346 Richmond Street?
346 Richmond Street is in the East K community of London East. The nearest main intersection is Richmond st and York St. The postal code is N6A 3C3.
Is 346 Richmond Street still for sale?
Yes. It is an active listing (MLS® X13827246). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 346 Richmond Street asking?
Similar properties for sale nearby right now include Unit A - 605 RICHMOND Street at $130,000, 421 Richmond Street at $99,000 and 130 King Street at $99,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 346 Richmond Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 346 Richmond Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near East K, picked by style, size and price.
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Sale of business$99,000421 Richmond Street, London EastEast FCourtesy of: RE/MAX CENTRE CITY REALTY INCView home →
Sale of business$99,000130 King Street, London EastEast KCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →Courtesy of: RE/MAX ICON REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.