685 RICHMOND Street photo 1
685 RICHMOND Street photo 2
685 RICHMOND Street photo 3
685 RICHMOND Street photo 4
685 RICHMOND Street photo 5
685 RICHMOND Street photo 6
685 RICHMOND Street photo 7
685 RICHMOND Street photo 8
685 RICHMOND Street photo 9
685 RICHMOND Street photo 10
685 RICHMOND Street photo 11
685 RICHMOND Street photo 12
685 RICHMOND Street photo 13
685 RICHMOND Street photo 14
685 RICHMOND Street photo 15
685 RICHMOND Street photo 16
685 RICHMOND Street photo 17
685 RICHMOND Street photo 18
685 RICHMOND Street photo 19
685 RICHMOND Street photo 20

685 RICHMOND Street

East F / London East, ON N6A 5M1

ActiveFor Sale
0 Beds
0 Baths
1,808 Sq Ft
Commercial

About This Property

Excellent opportunity to own an established Philthy Philly's franchise at 685 Richmond Street, London, Ontario, ideally located in the vibrant downtown area. This established business generates annual sales of over 1.2 million , 100k Monthly sales and offers an excellent opportunity for an owner-operator or investor. Attractive lease terms with approximately 10 years remaining plus an additional 10-year renewal option. Monthly rent is approximately $5,650 including TMI. Benefit from an established franchise brand with LLBO & $0 marketing cost, providing ongoing brand exposure and support. Excellent location with seating capacity of 40 inside 40 patio, surrounded by residential, commercial, entertainment and student activity with strong pedestrian and vehicle traffic. A great opportunity to acquire an established food business with long-term lease security in one of London's active commercial areas.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,808 sq ft
Bedrooms0
Bathrooms0
Postal CodeN6A 5M1
Last UpdatedOct 28, 2026 · 1:25 p.m.

Sign in for full listing history and the exact list date.

Features & Amenities

  • Air Conditioning

Buying or selling in London East?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

Talk to Filipe & Isabel Ferreira →

TRREB MLS® Attribution

MLS® X13816896

Listed by HOMELIFE/MIRACLE REALTY LTD

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.

$585,000

asking price

MLS®X13816896
TypeCommercial
CityLondon East
← Back to Search

Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,857

/month · $468,000 mortgage

Down Payment20% — $117,000
Interest Rate5.5%

Amortization

Total Interest

$388,990

Total Cost

$856,990

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

Full Mortgage Calculator →

Listed By

HOMELIFE/MIRACLE REALTY LTD