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$125,000

163 Dundas St E

London East, ON N6A 1G4

163 Dundas St E, London EastListed at $125,000 Sale Of Business. MLS® X13572600.

Possession · seller's timeline

1-29 days (Flexible)

415Sq Ft
Convenience/Variety
Sale Of Business

Description

Turnkey Convenience Store Business for Sale. An outstanding opportunity to acquire a highly successful, long-established convenience store with a remarkable history spanning over six decades. Located at one of London's most recognized and busiest intersections-Dundas Street and Richmond Street-this thriving business enjoys exceptional visibility in the heart of the city's downtown entertainment and commercial district. Surrounded by restaurants, cafes, retail boutiques, nightlife, office towers, and major cultural destinations, the store also benefits from its close proximity to Fanshawe College's Downtown Campus, ensuring strong pedestrian traffic and a loyal, year-round customer base. Business Highlights: Premier Downtown Location with outstanding exposure and consistent walk-in traffic. Liquor Licence Approved, creating excellent opportunities for future growth and increased revenue. Multiple, diversified income streams including cigarettes, lottery, convenience merchandise, ATM services, and additional retail sales. Strong Financial Performance with year-to-date average monthly gross sales of approximately $45,500, including lottery commissions and ancillary product sales. Affordable Occupancy Costs: Monthly rent of $3,539.73 (inclusive of TMI and HST). Long-Term Lease Security: Lease in place until October 31, 2031, with renewal/extension options available. The business can offer inventory worth $25k- $30K at extra charges upon possession. Whether you are an experienced operator or an entrepreneur seeking a proven, cash-flowing business in one of London's highest-profile retail corridors, this is a rare turnkey opportunity with exceptional long-term potential. Opportunities of this caliber in Downtown London are seldom available-don't miss your chance to own this established and profitable business.

Property Details

Property TypeSale Of Business
CommunityEast E
Dir/Cross StDundas St and Richmond St
Garage TypeNone
Heating TypeOther
A/CYes
HSTIn Addition To
Listed Date7/16/2026
Days on Market67 days
PossessionFlexible

Business Details

Property Sub-TypeSale Of Business
Business TypeConvenience/Variety
Business NameD & R Smoke Shop
Property UseWithout Property
Occupant TypeOwner
Hours of OperationMon-Fri 8am-8pm, Sat. 9am-7pm, Sunday Closed
FranchiseNo
Chattels IncludedYes
Full-Time Employees1
Financial StatementsAvailable
Showing RequirementsShowing System
Possession Type1-29 days
Listing Expires11/30/2026

Commercial Space & Financials

Retail Area415 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL LEPAGE TRILAND REALTY

MLS® #X13572600

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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