$90,000
742 Richmond Street 2, London East, ON N6A 3H3
Beds
Baths
Parking
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.

Property Summary

Property Type Commercial
Property Sub Type Sale Of Business
Transaction Type For Sale
Possession Flexible

Building

Building Type Sale Of Business
Heating Gas Forced Air Open
Cooling Yes

Measurements

Lot Size 33.62 x 130.92
Lot Size Area 4397
Lot Size Units Feet
Frontage 33.62
Depth 130.92

Land

Address 742 Richmond Street 2, London East, ON N6A 3H3
City London East
Community East F
County / Area Middlesex
Cross Street Oxford
Parcel Number 082680004

Parking and Garage

Garage Type Visitor

Taxes and Listing Info

List Price $90,000
Annual Taxes $15,032
Tax Year 2024
Status Active
Listing Date 2025-09-15T15:37:50Z
Updated 2026-05-25T20:10:28Z
MLS Number X12403906
Local Market Insight

What Buyers Should Know About 742 Richmond Street 2, London East, ON N6A 3H3

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

742 Richmond Street 2, London East, ON N6A 3H3 is positioned in East F, a part of London East where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Sale Of Business, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Sale Of Business should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Oxford, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $90,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 33.62 x 130.92, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In London East, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around East F. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 742 Richmond Street 2, London East, ON N6A 3H3, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.