19 Adelaide Street, London South, ON N5Z 3J9
$475,000
activeNEW
About This Property
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.
Property Details
Commercial
Active
X13152112
0
0
9,200 sqft
May 20, 2026
Features & Amenities
Location
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19 Adelaide Street, London South, ON N5Z 3J9
19 Adelaide Street, London South, ON N5Z 3J9
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9
