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19 Adelaide Street S London South (South L), ON

PROPERTY INFO

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. (id:4555)

PROPERTY SPECS

Listing ID X12865098
Address 19 ADELAIDE STREET S
City London South (South L), ON
Price $490,000
Land Size 80 x 115 FT
Status For sale

EXTENDED FEATURES

Appliances Alarm System, FreezerCooling Fully air conditionedHeating Forced airHeating Fuel ElectricUtility Water Municipal water Date Listed 2026-03-10 16:01:26Days on Market 45
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Century First Canadian Corp, Ken Patpatia
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