846 North Richmond Street, London East (East B), Ontario N6A3H8

Listing courtesy of RE/MAX CENTRE CITY REALTY INC..

$1,040,000
2,200
SqFt

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List Price
$1,040,000
Status
ACTIVE
Days on Market
6
MLS® #
LondonandStThomasAssociationofREALTORS-X13747478
Living Area
2,200
Subdivision
East B
Neighborhood
East B
MLS Area Major
East B

Property Description

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:5764)

Additional Information

Taxes
$10,025
Community Features
East B
Heating
Forced air, Natural gas
Air Conditioning
Fully air conditioned

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