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222 Wellington Street

222 Wellington Street

London East, ON

  • 3 bath
  • 2,816 sqft
  • Sale Of Business
  • 177 days on market
$274,000

Restaurant opportunity in downtown London available for rebranding into a new cuisine, concept,or franchise. Currently operating as an Indian franchise concept, this established locationoffers a strong foundation and flexible layout for restaurateurs looking to introduce somethingnew in a busy commercial corridor. The space totals 2,816 Sq Ft with seating for 50 and a largeproduction kitchen designed for high-volume operations. The kitchen is equipped with twocommercial hood systems totalling 12 Ft along with two walk-ins (1 + 1), providing amplestorage and prep capacity for a wide range of restaurant concepts. Located facing WellingtonStreet in downtown London, the property benefits from strong visibility and a large parking lotwith approximately 50 spaces for customers and staff. Lease rate of $9,734 Gross Rent includingTMI with 3 + 5 + 5 years remaining. Please do not go direct or speak to staff.

Listing Details

Listed
March 13, 2026

Price History

Property

Lot Size
147.91 x 127.5 Feet

Parking

Garage
Plaza

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Wellington St & Horton St E
Zoning
Business Commercial
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Restaurant

Community

Postal area N6B

Population
11,101
Private dwellings
7,181
Median age
38
Average household size
1.6
Median household income
$49,200

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
$461,500
Homes sold
1,321
Median days on market
24
Sale-to-list price
97.0%

Based on 1,321 recorded sales of commercial properties in London East over the last 12 months.

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
2,816 sq ft
Price per sq ft
$97.30

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

R

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