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19 Adelaide Street

London South, ON N5Z 3J9

ActiveFor Sale
0 Beds
0 Baths
9,200 Lot Sq Ft
Commercial

About This Property

A rare opportunity to acquire a flagship Mobil-branded gas station and convenience store in one of Londons highest-traffic locations. Established in 1985, this operation offers over four decades of consistent revenue, community trust, and the strength of a globally recognized brand. Situated prominently at the signalized corner of Adelaide Street South and Thompson Street, the site benefits from unmatched visibility to more than 26,000 vehicles per day, steady walk-in traffic, and direct access to established residential neighbourhoods immediately behind the property. The convenience store spans approximately 1,200 square feet and features dual washrooms, on-site parking, and an efficient layout designed for customer flow and operational ease. Current lease terms are approximately $6,500 plus HST net per month under a cross-lease arrangement, providing stability for long-term operators. The purchase price is in addition to the cost of inventory at closing. This property represents a recession-resistant business model anchored by fuel and retail sales, with significant future upside potential through ancillary services such as lottery, ATM, foodservice, or parcel pickup. An exceptionally well-located, turnkey business in one of London's busiest corridors, this offering provides immediate cash flow and long-term security. plus cost of fuel and store inventory which could be approx. $130,000.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Lot Size9,200 sq ft
Bedrooms0
Bathrooms0
Postal CodeN5Z 3J9
Last UpdatedAug 8, 2026 · 5:40 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13152112

Listed by CENTURY 21 FIRST CANADIAN CORP

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$475,000

asking price

MLS®X13152112
TypeCommercial
CityLondon South
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,319

/month · $380,000 mortgage

Down Payment20% — $95,000
Interest Rate5.5%

Amortization

Total Interest

$315,846

Total Cost

$695,846

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

CENTURY 21 FIRST CANADIAN CORP