Main Photo: L20 186 King Street in London East: East K Commercial for lease : MLS®# X13413150
Photo 1: L20 186 King Street in London East: East K Commercial for lease : MLS®# X13413150
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Status:
For Lease
Prop. Type:
Commercial
MLS® Num:
X13413150
Bus Major:
Hospitality/Food Related
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.
Minimum Rental Term:
36
Maximum Rental Term:
120
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
4535 sq. ft. Square Feet
Total Area:
4,535 sq. ft.
Retail Area:
4535 sq. ft. Sq Ft
Lot Depth:
198'
Lot Frontage:
84'8"
Water supply:
Municipal
Zoning:
DA1(9) , TSA5
Heating type:
Gas Forced Air Open
Garage:
None
Type Taxes:
TMI
Taxes:
$7.5 / 2026
Assessment:
$- / -
Middlesex
London East
East K
Public Transit
Yes
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Hospitality/Food Related
Category:
Retail
Date Listed:
Jun 08, 2026
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Listed by EXP REALTY
Data was last updated August 1, 2026 at 02:15 PM (UTC)
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