For Sale

186 KING Street, Thames Centre, Ontario N0M 2P0

$0

186 KING Street, Thames Centre, Ontario N0M 2P0 is For Sale and has a listing price of 49,000. The property is located in the Thames Centre neighbourhood . It's been on the website for 2 Days.

  • Sale Of Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: X12467339
  • Office Name EXP REALTY
Property Description

This restaurant is for lease with a security deposit of $49,000. Thorndale Family Restaurant has been serving the community since 1988. The sellers are willing to help accommodate improvements to the property and will consider accepting the renovations in lieu of a security deposit. Currently it offers a spacious seating area spanning 1,585 sq ft, while also providing 450 sqft office space on the upper level. The restaurant boasts a liquor license for 73, with 200-amp power supply. The Owners are willing to onboard/train new owners. A new lease will be negotiated with a 5 yr term with additional three 5 year renewal terms available. Thorndale is a busy community only 10 mins away from London (International Airport, Western University, Fanshawe College, pop approx 420,000+ ). With a new owner this property is primed to continue its legacy as a gathering place

Property Details
  • MLS ID: X12467339
  • Bathrooms: 2
  • Price: $49,000
  • Lot Depth: 100.37
  • Transaction Types: For Sale
  • Ref ID: X12467339
  • Year Built: N/A
  • Dir / Cross St: Temperance
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/17/2025 X12467339 $49,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Thames Centre
  • $1,276,643 Average List Price
    based on 1 year
  • 57 New Listings
    based on 30 days
  • 99 Median Days on Market
    based on 1 year
  • List vs. Selling Price 157.71 % Up
  • Sold (12mo) 121
  • Rented (12mo) 5

  • 1 Month Change -40.5%
  • 3 Month Change -9.5%
  • 6 Month Change -35.5%
Walkscore
  • 31 Walk Score
    Car-Dependent
  • 36 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    81.18%
  • Commercial
    15.33%
  • Condo
    3.24%
  • Land for Sale
    0.26%
Additional Details
  • Heat Type Y
  • Washroom Type1: 2
  • Garage Type Double Detached
  • Taxes: $2,317
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 17/10/2025 03:57:58
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