haho.ca
$130,000
For sale

#Unit A 605 RICHMOND Street, London East (East F) - Business for Sale

#Unit A 605 RICHMOND Street, London East (East F), Ontario, N6A3G3

1,300 ft²Listed 15 days ago
Overview

This business in London East is for sale offering roughly 1,300 sq ft of space. It has been on the market 15 days, fresher than the London East average of 73 days.

Description

Cafe For Sale on Richmond Row in the heart of Downton London. Bella Mia Matcha is London's first Matcha Bar and also featured on CTV News, this Turn-key Cafe business has established a recognizable brand and a loyal customer base, particularly within London's student communities. Low monthly Rent of $2000 + HST. Designed around a focused menu and efficient operations, the business is well suited for an owner-operator seeking an established concept with strong brand recognition and significant growth potential or Rebrand to a New Concept. (id:66096)

Property Details

MLS®
X14097264
Property Type
Business
Business Type
Restaurant
Zoning
BDC(1)
Interior Size
1,300 ft²
Frontage
58 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
15 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
15d
London East (East F) listings, avg age
73d
Price / ft²
$100
List price
$130K

Active: 15 days on market, against an average age of 73 days across the listings currently for sale in this city

Haho

This business in London East (East F) has been listed for 15 days, which is 58 days fresher than the city average of 73. Act while there is still low competition.

Listed by CENTURY 21 FIRST CANADIAN CORP · SYED HASSAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6A)

This home lists at $130,000, about 2.1× the local median household income of $61,200.

Carrying it typically needs a household income of about $25,394 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$61,200
Population
13,810
Median age
34
Owner / renter
29% / 71%
Avg. household size
1.8

Source: Statistics Canada, 2021 Census (FSA N6A)

$130,000· $100/ft²
For sale

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Financing

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$130,000

London East

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