71 King Street
London East, ON N6A 0A5
About This Property
Don't miss this opportunity to own a charming, fully-equipped 1,370 sq. ft. pizzeria in the heart of Downtown London. Located at 71 King St directly across from Canada Life Stadium and surrounded by high-rise residential buildings, this restaurant offers strong visibility and consistent foot traffic. It comfortably seats up to 50 guests, includes 2 underground parking spots with additional free parking around the building, and comes with a transferable liquor license. The lease is very competitive at $3,300 +HST, including hydro (tenant responsible for gas). The business currently operates only 20 hours per week, presenting a huge upside for an owner-operator to expand hours, stay open late, and significantly increase revenue. A detailed list of all included equipment is available upon request.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12626786
Listed by EXP REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$415
/month · $67,999 mortgage
Amortization
Total Interest
$56,519
Total Cost
$124,518
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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EXP REALTY