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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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742 Richmond Street #2 London
For SalePrice DropLondon East

742 Richmond Street #2 London, Sale Of Business for Sale

MLS® X12403906

London, ON

418 days on market
$50,000
Previously $90,000
Show on Map
Show on Map
N/ABeds
N/ABaths
N/ASqft
N/AParking
Sale Of Business

Overview· 742 Richmond Street #2 London

MLS® #X12403906

At the busy intersection of Oxford and Richmond Rd with the one of Best blocks for business in the downtown London, THE K GRILL represents not only A well established business , A popular brand in the communities, but also equipped with high end massive kitchen exhaust system( fully upgraded 2023) coolers, freezers , top notch cooking tools, utensils and furnitures. The kitchen is huge to fulfill the new owners ambitions, the dining area is spacious with 96 seats. The enormous free parkings are at rear with easy access to the K GRILL, the countless businesses in the area are drawing numerous customers. With the UWO just a few kilometers away, the K GRILL is surrounded by the students housing and vast residential areas. The business was prosperous with many customers coming from all over the city. Now, The owner has another business to take care of in another city, the K GRILL MUST BE SOLD. The total operating area is 2868 square foot , rent is $6200 with the effective long term lease.contact the listing agent for more details, serious inquiries only.

Broker

NU-VISTA PINNACLE REALTY BROKERAGE INC

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Schools7812 schools within 1.5 km · nearest 349 m12 schools within 1.5 km · nearest 349 m
Parks637 parks within 1 km · nearest 394 m7 parks within 1 km · nearest 394 m
Convenience8625 groceries, cafes and pharmacies within 1 km · nearest 15 m25 groceries, cafes and pharmacies within 1 km · nearest 15 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 742 Richmond Street #2 London

Source: MLS® listing data
742 Richmond Street #2 London

Sale Of Business

742 Richmond Street #2 London

London East

Type

Sale Of Business

Parking

Visitor

Property Tax

~$15,032/yr

Heating

Gas Forced Air Open

Buying Essentials

Parking

Visitor

Finances

List Price

$50,000

Property Tax

~$15,032/yr

Property Specs

Property Type

Sale Of Business

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

London East

Property Manager

ML Corporation

Listed On

Sep 15, 2025

Price & Listing History

Days on Market

Current: 418 days

0306090120+

Rooms

Room information is not available for this listing.

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Mortgage Summary

Mortgage Payment$201/mo
Property Tax$1,253/mo
Total Monthly$1,454

Monthly Cash Flow (investors)

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Net Cash FlowN/A

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Cash required incl. down payment$0