846 Richmond Street, London East (East B), Ontario N6A 3H8 (30237966)


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846 Richmond Street London East, Ontario N6A 3H8

2200 sqft
Fully Air Conditioned Forced Air

$1,040,000

846 RICHMOND STREET - OWN THE OPPORTUNITY Rare Richmond Street Owner-Operator & Value-Add Investment Opportunity Approximately 3,600 sq. ft. | 11' ceilings | Victorian character | Commercial/Residential zoning Positioned in a highly strategic location minutes from St. Joseph's Hospital, Lawson Research Institute and Downtown London, 846 Richmond Street offers a rare combination of location, character, space and potential. This distinctive Victorian property is an exceptional opportunity for an owner-operator, professional, medical-related user or investor looking to acquire a property with the potential to create value through thoughtful renovation and repositioning. The 11-foot ceilings and architectural character provide an impressive foundation for a contemporary professional environment while retaining the charm that makes historic Richmond Street properties so distinctive. For the Owner-Operator Own your workspace rather than lease it. Explore the potential for a professional office, medical or allied-health practice, consulting firm, legal/accounting office, research-related business or other permitted use. For the Investor Buy the building. Create the upside. The location presents an opportunity to investigate a variety of value-add strategies, including professional leasing, renovation and repositioning, and potentially residential or furnished accommodation strategies-subject to zoning, parking, building requirements and municipal approvals. The proximity to St. Joseph's Hospital and Lawson Research Institute may make the property particularly interesting for investors exploring potential demand from locum physicians, visiting physicians, medical residents, researchers and other healthcare professionals. With the right vision, 846 Richmond Street could become more than a property-it could become a highly differentiated income-producing asset or a distinctive owner-operated headquarters. Own the Location. Reimagine the space. Create the Value (id:60297)

Property Details

MLS® Number X13747478
Property Type Multi-family
Community Name East B
AmenitiesNearBy Public Transit
FarmType Other
ParkingSpaceTotal 3

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 2200 Sqft
SizeInterior 2200 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 107 Ft
SizeFrontage 50 Ft
SizeIrregular Bldg=50 X 107 Ft
SizeTotalText Bldg=50 X 107 Ft
ZoningDescription R3-2 Oc

https://www.realtor.ca/real-estate/30237966/846-richmond-street-london-east-east-b-east-b

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Michael Basler
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RE/MAX Centre City Realty Inc.

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