19 Adelaide Street
London, N5Z 3J9
FOR SALE
$475,000

➧
➧


















Sale Of Business
CATEGORY900 Sq Ft
RETAIL AREAX13152112
MLSIDContact Us
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. plus cost of fuel and store inventory which could be approx. $130,000.
Call
Property Details
Address
19 Adelaide Street
Community
City
Postal Code
N5Z 3J9
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
Gas Station/convenience store(legal nonconforming)
Lot Size
80' x 115'
Retail Area
900 Sq Ft
Acreage
9,200.0 Feet
Taxes
$7,900 (2025
Heat Type
Electric Forced Air
Water
Municipal
Garage Type
None
Call
Listing contracted with Century 21 First Canadian Corp
Call