19 Adelaide Street S, London South, ON N5Z 3J9

London South N5Z 3J9 Ontario

MLS: X12423243

$500,000

Added 2 hours ago | For Sale

Listed by: CENTURY 21 FIRST CANADIAN CORP

About Property

A rare opportunity to acquire a flagship Mobil-branded gas station and convenience store in oneof Londons highest-traffic locations. Established in 1985, this operation offers over four decadesof 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-intraffic, and direct access to established residential neighbourhoods immediately behind theproperty.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 $6,700 plus HST net per month under a cross-leasearrangement, providing stability for long-term operators. The purchase price is in addition to thecost 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 Londonsbusiest corridors, this offering provides immediate cash flow and long-term security.

Features

  • House Style:Sale Of Business
  • Bathrooms:
  • Land Size: 80 X 115
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Adelaide St S and Terrace St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $7900
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Electric Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12423243

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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