587 OXFORD STREET E
London East (East F), Ontario
MLS® X14088306
$249,999
- Status
- Active
- Property type
- Business
- MLS® number
- X14088306
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
1 / 4Listing 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.
Property summary
- MLS® number
- X14088306
- Property type
- Business
- Leasable Area
- 4,495 sq ft
- Land size
- 57 x 180 FT
- Parking
- 26 spaces
- Days on market
- 27 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $249,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of THRIVE REALTY GROUP INC., LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.