New 523 Richmond Street, London East, ON N6A 3E8
East B · London East · ON
About this property
One-of-a-kind opportunity to purchase an exceptional commercial property with a fully equipped restaurant in the heart of London's vibrant Richmond Row. Located at 523 Richmond Street, this beautifully rebuilt building showcases artistic design, exceptional craftsmanship and over 7,700 sq. ft. of finished space, including a large finished basement. The impressive restaurant layout features private dining space, a spectacular outdoor courtyard ideal for dining and special events, and a front patio overlooking Richmond Street. Liquor-licensed capacity for 187 indoor seats plus 94 patio seats, subject to applicable approvals. A separate Richmond Street entrance leads to an approximately 1,200 sq. ft. upper-level apartment, currently rented and providing supplementary income. Outstanding exposure in a lively, walkable downtown destination surrounded by shopping, dining and entertainment. A fantastic opportunity for an owner-operator or investor to acquire a distinctive property with extensive restaurant infrastructure. The entire property could be available with vacant possession, subject to existing tenancy arrangements and applicable requirements.
Property details
- MLS® Number
- X14109900
- Status
- Active / New
- Transaction
- For Sale
- Property Type
- Commercial
- Property Subtype
- Commercial Retail
- Lot Size
- Feet
- Lot Width
- 43.00
- Lot Depth
- 137.00
- Taxes
- $43,000
- Tax Year
- 2025
- Garage
- None
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Cross Street
- Richmond St & Dufferin Ave
- Directions
- Head north on Richmond St towards Oxford St and the property will be located on the west side of Richmond St.
- Occupancy
- Owner+Tenant
Interior Features
- Security
- Yes
Building & Construction
- Building area
- 7700
Parking & Garage
- Garage
- None
Community & Neighbourhood
- Cross street
- Richmond St & Dufferin Ave
Utilities & Services
- Utilities
- Available
Location
Property History
- Listed
- October 23, 2026 8:49 AM
- Listing updated
- November 7, 2026 8:01 AM
- System updated
- November 7, 2026 8:01 AM
- Photos changed
- October 23, 2026 8:49 AM
- Media changed
- November 7, 2026 8:01 AM
- Imported locally
- November 7, 2026 12:00 PM