#1 1631 Oxford Street East, London East (East H) - Business for Sale
#1 1631 Oxford Street East, London East (East H), Ontario, N5V2Z4
This business in London East is for sale. It has been on the market 63 days, fresher than the London East average of 68 days.
Description
Turnkey restaurant opportunity directly across from Fanshawe College's main London Campus. This end-cap unit offers approx. 1,792 sq. ft. plus patio in an established commercial plaza, with strong exposure on Oxford St E, ample on-site parking and pylon signage. A fully equipped commercial kitchen with a 24-ft exhaust hood, walk-in cooler and walk-in freezer lets a new operator rebrand and open with minimal capital investment. The site draws on built-in demand from students, faculty and staff, plus a steady base of commuters and nearby residents. Oxford St E has been rebuilt under the City's East London Link project, with rapid transit service planned to begin in late 2027. The layout suits QSR, takeout, delivery, dine-in and franchise concepts. Gross rent is approx. $6,415.95/month. A cost-effective entry into London's east end for franchisees and independent operators seeking a fully built-out location. (id:66096)
Property Details
- MLS®
- X13735546
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CC2SS
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $12.5/yr
- Listed
- 63 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 63 days on market, against an average age of 68 days across the listings currently for sale in this city
This business in London East (East H) has been listed for 63 days, which is 5 days fresher than the city average of 68. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N5V)
- Median household income
- $74,500
- Population
- 32,961
- Median age
- 36.4
- Owner / renter
- 62% / 38%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA N5V)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$1
London East