$490,000
FOR SALE

Business for Sale

Gas Station

Lot: 80 x 115 ft
2025 Taxes: $7,900

19 Adelaide St S
London South, ON N5Z 3J9 | South L | Middlesex

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.
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Listed By CENTURY 21 FIRST CANADIAN CORP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12865098
Last Updated Mar 13, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Gas Station
Franchise Non-Franchise
PIN 083570293
Legal Description LT 13 , BLK F , PL 437 , LT 14 , BLK F , PL 437 ; LONDON/WESTMINSTER
Possession Date Flexible
Taxes (2025) $7,900
Directions/Cross Streets Adelaide St S and Hayes St
Neighbourhood South L
Area Middlesex
Price History

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Detailed Information
Freestanding Y
Lot 80 x 115 ft
Air Conditioning Yes
Garage Type None
Heat Type Electric Forced Air
Financial Statement Y

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