109 King Street, London | Image 1

109 King Street

London, East K

  • Commercial

$229,000
For Sale

Added 3 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: DA1

  • Age: 100+ years

  • MLS®#: X9232204

  • Days on Site: 108 Days

  • Added: Jul 29, 2024 (3 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: THRIVE REALTY GROUP INC.

Location, Location! This is the first time this opportunity has been on the market in well over 23 years! This prime location is right across the street from Budweiser Gardens, London Covent Garden Market and right in the hustle and bustle of the Downtown Core. This well established restaurant has been operating since 1999. Sprawling out over 2,444 sq/ft (+/-) and licensed for 93, bring your concept and turn the key with endless opportunities including but not limited to restaurant/bar, breakfast restaurant, lounge, fine dining, dinner and much more. Sale price includes all existing restaurant equipment, chattels/fixtures, transferable liquor license, attractive ten year lease term and endless opportunity to thrive!

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Age: 100+

  • Area: London

  • Community: East K

  • Availability Date: Flexible

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Talbot St.

  • Municipality District: London

  • Parcel Number: 083210019

  • Lot Depth: 90 Feet

  • Lot Frontage: 52.09 Feet

  • Zoning: DA1

Additional Media

  • Virtual Tour: https://www.dropbox.com/scl/fi/k2p4feb21i820prdqvprx/109-King-Street.mp4?rlkey=iemx1z0ltlmbkb84d6nmdmokd&dl=0

Commercial Specific

  • Number of Employees: 20

  • Retail Area: 2444

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2444

  • Total Area Metric: Sq Ft

  • Hours Open: Varies

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 93

  • Business/Building Name: J DEES MARKET GRILL

  • Financial Statement: Y

  • LLBO: Y

Map of 109 King Street, London
JK-8

Wortley Road Public School

Elementary: Public
1.69 km
JK-8

Victoria Public School

Elementary: Public
1.28 km
JK-8

St Martin

Elementary: Catholic
1.36 km
JK-8

Tecumseh Public School

Elementary: Public
1.61 km
K-8

Lord Roberts Public School

Elementary: Public
1.41 km
K-8

Jeanne-Sauvé Public School

Elementary: Public
1.43 km
9-12

G A Wheable Secondary School

Secondary: Public
2.77 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
2.56 km
9-12

London South Collegiate Institute

Secondary: Public
1.55 km
9-12

London Central Secondary School

Secondary: Public
0.91 km
9-12

Catholic Central High School

Secondary: Catholic
1.10 km
9-12

H B Beal Secondary School

Secondary: Public
1.45 km
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