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About the Listing 285427 -
Turnkey restaurant opportunity in the heart of Downtown London. Located at 186 King Street, this impressive 4,535 SF restaurant space is fully equipped and ready for immediate operation. The dining area accommodates up to 74 patrons and features a complete bar setup, including keg lines connected to a walk-in cooler located in the basement. The expansive commercial kitchen is designed to handle high-volume operations and includes a 16-foot commercial exhaust hood, walk-in cooler, walk-in freezer, and extensive food preparation space. Located in one of London's busiest downtown corridors, directly in front of the City's new Bus Rapid Transit corridor, the property benefits from high pedestrian and vehicle traffic, making it an ideal location for dine-in service, takeout, and delivery-focused concepts. Surrounded by office towers, retail businesses, entertainment venues, and hundreds of residential units, including approximately 200 apartment units directly above the space. Just steps from the Covent Garden Market and Canada Life Place, home to major sporting events, concerts, and year-round attractions. A large public parking lot directly in front of the restaurant provides convenient customer parking, while secured employee parking is available next door for an additional fee. Net rent is $25.00 per SF plus $7.50 per SF TMI ($12,282.29 per month), plus HST and utilities.
Listing Highlights
Status
Active
Days on Site
37
Property Type
Commercial Sale
MLS ®
X13413150
Year Built
Total Square Footage
4,535
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Yes
- Heating: Gas Forced Air Open
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: No Garage
Financial Details
- Tax Amount: $8
- Taxes w/Assessments: N/A
- Tax/Property ID: 091650178
- Tax Year: 2026
Payment Calculator
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Questions About..
186 King Street L20 London, ON N6A 1C7
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