71 King Street
London East, ON
1,370 sqft • Sale Of Business • 254 days on market
Don't miss this opportunity to own a charming, fully-equipped 1,370 sq. ft. pizzeria in the heart of Downtown London. Located at 71 King St directly across from Canada Life Stadium and surrounded by high-rise residential buildings, this restaurant offers strong visibility and consistent foot traffic. It comfortably seats up to 50 guests, includes 2 underground parking spots with additional free parking around the building, and comes with a transferable liquor license. The lease is very competitive at $3,300 +HST, including hydro (tenant responsible for gas). The business currently operates only 20 hours per week, presenting a huge upside for an owner-operator to expand hours, stay open late, and significantly increase revenue. A detailed list of all included equipment is available upon request.
Listing Details
- Listed
- December 11, 2025
Price History
Property
- Lot Size
- 179 x 136 Feet
Location & Legal
- Cross Street
- Ridout St N
- Zoning
- DA1(8)
- Parcel Number
- 093410127
- Possession
- Immediate
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
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
- $460,000
- Homes sold
- 1,317
- Median days on market
- 24
- Sale-to-list price
- 97.1%
Based on 1,317 recorded sales of commercial properties in London East over the last 12 months.
Listed by
EXP REALTY
Location
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