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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: BDC(1), BDC1
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Age: No Data
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Taxes: 56670
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MLS®#: X8227060
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Days on Site: 1 Days
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Added: Apr 10, 2024 (7 months ago)
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Updated:
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Last Checked: 10 hours ago
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Listed By: CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
Unique opportunity to Lease a Historic Building on Richmond Street (Richmond Row) in downtown London. The former Keg Steakhouse and Bar location on Richmond Row. The Keg operated at this historic London Station site for several years. Newer roof. Kitchen area is still located on the 2nd floor. Prime opportunity to locate at the heart of London's most viable retail, office, commercial and restaurant nodes in downtown London. Other Tenants in the area include Texas Roadhouse, Jack Astors, Chucks Roadhouse, Ceeps, Barneys etc. Two Storey building with basement area. Building Area: Approx. 10,423 SF plus Outdoor patio plus basement area. Approx. 5,212 SF per floor (Main floor & 2nd floor). Asking Lease Price: Main Floor $20.00 PSF Net, 2nd Floor: $16.00 PSF Net. Lease the entire building: Asking $16.00 PSF Net. Additional Rent is estimated at $6.50 PSF. Zoning: BDC (1), BDC 1, which permits a wide range of uses, such as, restaurant, tavern, office.
Extras
The front patio land area of the property is under a Land Lease, which is paid yearly to the Railway. Zoning permits uses such as restaurant, tavern, office uses, day care, commercial recreation, financial etc.
Property
Status: Lease
Property Type: Commercial/Retail
Property Type: Retail
Area: London
Community: East F
Availability Date: April 1, 2024
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Freestanding: N
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2023
Taxes: $56,670
Expenses: Est
Taxes Type: Annual
Land
Cross Street: Richmond St. & Pall
Municipality District: London
Parcel Number: 082680120
Sewer: Sanitary
Lot Depth: 326.61 Feet
Lot Frontage: 18.7 Feet
Zoning: BDC(1), BDC1
Shipping Doors
Clearing Height (ft): 12
Commercial Specific
Rail: N
Retail Area: 5212
Retail Area Metric: Sq Ft
Terms: 120
Total Area: 5212
Total Area Metric: Sq Ft
Minimum Rental Months: 36
Office Size: 5212
Office Size Metric: Sq Ft
Days Open: V
Franchise: N
Tangible Property Included: N
Lot Code: Lot
Seats: 498
Financial Statement: N
LLBO: N
St Michael
Elementary: CatholicVictoria Public School
Elementary: PublicSt Georges Public School
Elementary: PublicRyerson Public School
Elementary: PublicLord Roberts Public School
Elementary: PublicJeanne-Sauvé Public School
Elementary: PublicÉcole secondaire Gabriel-Dumont
Secondary: PublicÉcole secondaire catholique École secondaire Monseigneur-Bruyère
Secondary: CatholicLondon South Collegiate Institute
Secondary: PublicLondon Central Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public
