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$ 490,000
Est. payment /mo
Active
19 Adelaide ST S London South, ON N5Z 3J9
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision South L
MLS Listing ID X12865098
Annual Tax Amount $7,900
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Middlesex
Area Middlesex
Zoning Gas Station/convenience store(legal nonconforming)
Interior
Cooling Yes
Inclusions three coolers, Feral shake machine, Freezer, windshield rack, all the shelving outside and in the store, pos cards machine, pop corn machine, patty warming machine. three tv's, computer, camera security system,
Exterior
Parking Features None
Building
Lot Description Lot
Lited by CENTURY 21 FIRST CANADIAN CORP
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145 Wharncliffe Rd S, London, ON, N6J 2K4, CAN
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