Gas Stations for Sale in Ontario

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19 ADELAIDE STREET S
South L London South (South L) N5Z 3J9

$490,000
Business

Main Photo: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
Photo 1: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
Photo 2: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
Photo 3: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
Photo 4: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
Photo 5: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
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Photo 7: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
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Photo 11: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
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Photo 15: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
Photo 16: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
Photo 17: Business at 19 ADELAIDE STREET S in London South (South L) — MLS® X12865098
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Status:
Active
Prop. Type:
Business
MLS® Num:
X12865098
Bus Major:
Service
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:2493)
Property Type:
Business
Zoning:
Gas Station/convenience store(legal nonconforming)
Taxes:
$7,900 / -
Community:
South L
Major Business Type:
Service
Appliances Included:
Alarm System, Freezer
Cooling:
Fully air conditioned
Fireplace:
No
Heating:
Forced air, Electric
Water:
Municipal water
Lot Frontage:
80'
Lot Details:
80 x 115 FT
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Listed by CENTURY 21 FIRST CANADIAN CORP
Data was last updated April 9, 2026 at 10:45 AM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s 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.