Avigdor Popay logoAvigdor Popay

$475,000

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

London South

Type
Sale Of Business
AI summary
Reading the listing details…

About this listing

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. plus cost of fuel and store inventory which could be approx. $130,000.

Payment calculator

$95,000 (20%)
%
Estimated payment
$2,103 /mo
Mortgage amount
$380,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 19 Adelaide Street S, London South, ON N5Z 3J9

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# X13152112

Listed by CENTURY 21 FIRST CANADIAN CORP

On market since May 20, 2026

Similar listings

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

How much is 19 Adelaide Street S, London South, ON N5Z 3J9?

19 Adelaide Street S, London South, ON N5Z 3J9 is listed for $475,000 CAD.

What type of property is 19 Adelaide Street S, London South, ON N5Z 3J9?

19 Adelaide Street S, London South, ON N5Z 3J9 is a Sale Of Business.

What neighbourhood is 19 Adelaide Street S, London South, ON N5Z 3J9 in?

19 Adelaide Street S, London South, ON N5Z 3J9 is in London South, Ontario.

Is 19 Adelaide Street S, London South, ON N5Z 3J9 for sale or for rent?

19 Adelaide Street S, London South, ON N5Z 3J9 is currently for sale.

How do I book a showing for 19 Adelaide Street S, London South, ON N5Z 3J9?

Contact Alex Morgan at +16471112222 to arrange a private showing of 19 Adelaide Street S, London South, ON N5Z 3J9 (MLS# X13152112). You can also send a message through the contact form on this site.