2 - 742 Richmond Street, London East
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. (id:1945)
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Property details for 2 - 742 Richmond Street, London East
- Type
- Commercial
- Lot Size
- Bldg=33.62 x 130.92 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $15,032 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 2 - 742 Richmond Street
Active Listings
230
Min Price
$1
Max Price
$8,250,000
Avg Price
$698,365
Days on Market
76
days
Sold Listings
84
Min Sold Price
$45,000
Max Sold Price
$3,800,000
Avg Sold Price
$603,781
Days until Sold
70
days
Price History
Listed
September 15, 2025
by NU-VISTA PINNACLE REALTY BROKERAGE INC
Current Price
$50,000
-44.4% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $50,000 | $40,000 (-44.4%) |
| Sep 14, 2026 | $90,000 | Listed |