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646 Richmond Street, London East (East F), Ontario N6A 3G6

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646 Richmond Street, London East, ON (East F) N6A 3G6

Home » Listing » 646 Richmond Street, London East (East F), Ontario N6A 3G6

Charming mixed-use building on Richmond Row with long-term restaurant lease and upper-level residential income

Listed At $949,900

Four on-site parking spaces
Parking
Mixed-Use Commercial with Residential Unit
Property Type
1,900
Square Footage
$14,509/year
Annual Property Taxes

Nestled on Richmond Row—London’s vibrant north-south urban boulevard—646 Richmond Street is a compact and profitable mixed-use property offering both stability and upside. The ground floor, approximately 950 sq ft plus an outdoor patio seating up to 18, is leased

to Meltwich restaurant under a long-term lease expiring August 2033. Above, a separately metered 950 sq ft, one‑bedroom residential unit provides additional income, currently occupied on a month-to-month basis ($1,400+ per month). This property is a compelling investment with immediate cash flow and desirable exposure in a high-traffic retail corridor.

Property Highlights
Approximately 1,900 sq ft of total built area (950 sq ft commercial + 950 sq ft residential)
Ground-floor commercial tenant with long-term lease through 2033, plus income from residential above
Outdoor patio adds amenity value for restaurant operator
BDC(1) zoning supports versatile commercial/residential uses
Four on-site parking spaces—rare in a downtown core setting
Located on Richmond Row, within a high-demand corridor for dining, retail, and nightlife options

Richmond Row

Richmond Row is one of London’s premier urban destinations, known for its eclectic blend of retail, dining, and entertainment. Boasting strong pedestrian activity, Richmond Row provides excellent exposure—attracting trendy businesses and consistent traffic both day and night, positioning this property for long-term relevance and desirability.

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Amenities & Strategic Advantages
Turnkey Income: Established restaurant lease + residential revenue stream
Flexible Use Case: BDC(1) zoning supports adaptive reuse or alternate commercial formats
Premium Visibility: Located on Richmond Row’s high-traffic corridor enhances marketing/emplacement value
Downtown Advantage: Rare combination of on-site parking and urban core location
Growth Potential: Strong opportunity for rent escalation after restaurant lease expiry or conversion of use in the future
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