New Listing
587 Oxford Street E,London East (East F), ON N5Y3H9
London East (East F), ON N5Y3H9
Description
Exceptional opportunity to acquire Five87 Bistro, an established, licensed restaurant located at 587 Oxford Street East in London! Offering approximately 4,495 sq. ft. of leased premises, including designated restaurant and patio areas, this inviting establishment provides an excellent opportunity for an entrepreneur or experienced restaurateur looking to enter or expand within London's hospitality industry. Featuring an attractive dining atmosphere, indoor and outdoor dining opportunities, and access to on-site customer parking, the restaurant offers a versatile setting for casual dining, evening service, special occasions and private gatherings. Continue operating under the existing Five87 Bistro name and concept, or bring your own culinary vision to life and introduce an entirely new restaurant concept! The premises are subject to a long-term commercial lease, with renewal options outlined in the existing agreement, offering the potential for continued occupancy. Ideally situated along Oxford Street East, this location presents an opportunity to capitalize on an existing restaurant setup while establishing your own identity in the market. Whether you're an established operator seeking another location or an entrepreneur ready to take the next step, this is an exciting business ownership opportunity. Business sale only; real estate not included. (id:13843)
Details
| MLS # | X14088306 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | THRIVE REALTY GROUP INC. | JAMES MCGUIRE |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 4,495 |
| Zoning | AC4(15) |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Total | 26 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N5Y3H9 |
| Listing VS Median (in N5Y3H9) | |
Price: $249,999 low | high Med: $249,999 sqft: 4,495 low | high Med: 4,495 $ / sqft: $56 low | high Med: $56 On site: 5 low | high Med: 5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N5Y3H9 |
| Listing VS Median (in N5Y3H9) | |
Price: $249,999 low | high Med: $249,999 sqft: 4,495 low | high Med: 4,495 $ / sqft: $56 low | high Med: $56 On site: 5 low | high Med: 5 | |