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MLS® X13413150
London, ON
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.
Broker
EXP REALTY

Commercial Retail
186 King Street #L20 London
London East
Type
Commercial Retail
Parking
None
Property Tax
~$7.5/yr
Heating
Gas Forced Air Open
Rental Essentials
Amenities
Public Transit
Parking
None
Finances
Monthly Rent
$25
Price per SQFT
$0.01/sqft
Property Tax
~$7.5/yr
Property Specs
Property Type
Commercial Retail
MLS Size
4535 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
London East
Listed On
Jun 8, 2026
Public Transit
Days on Market
Current: 152 days
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