L10 - 186 King Street

London East, ON

1,587 sqft
Sale Of Business
265 days on market

$65,000

Amazing opportunity to own a thriving restaurant in the heart of downtown London, located in one of the best high-traffic areas surrounded by residential buildings, government offices, banks, and Fanshawe College's downtown campus. The unit offers approximately 1,587 sq. ft. with55 seats plus additional storage, and comes with a gross lease that includes all utilities such as heating, A/C and water running until March 31, 2028, with an additional 5-year renewal option. The brand is not included, giving you the freedom to bring your own concept. Add your favorite cuisine, rebrand as you like, and take full advantage of the existing setup including all chattels already in place and included in the price. Contact the listing agent for more information.

Listing Details

Taxes (2025): $1
Listed: December 9, 2025

Price History

Listing history

Property

Age: 31-50
Lot Size: 84.7 x 198 Feet

Parking

Garage: None

Location & Legal

Cross Street: Richmond St. East & King St.
Zoning: H-3,DA1(9),D350
Parcel Number: 91650182
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Restaurant

Included

Inclusions: All existing Chattels - List of Chattels will be provided upon request
Exclusions: None
Rental Items: None

Community

Postal area N6A

Population: 13,810
Private dwellings: 9,768
Median age: 34
Average household size: 1.8
Median household income: $61,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in London East · last 12 months

Median sold price: $462,500
Homes sold: 1,309
Median days on market: 24
Sale-to-list price: 97.0%

Based on 1,309 recorded sales of commercial properties in London East over the last 12 months.

Listed by

STREETCITY REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 1,587 sq ft
Price per sq ft: $40.96
Annual property tax: $1
Tax per sq ft: $0.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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