1 - 1631 oxford Street
London East, ON
2 bath • Sale Of Business • 320 days on market
Client Remarks ; EXCELLENT EXPOSURE - Located across the street from Fanshawe Collage, this prime location is sure to have lots of walk in and drive up traffic. This end cap unit is currently configured as a restaurant with patio. All kitchen infrastructure is in place. This 1793 square foot unit is zoned to permit many uses. Plaza is well maintained offering a pylon sign and plenty of onsite parking. This is not an opportunity you will want to pass up. Come see it for yourself today .Buyer may continue the existing setup or implement their own restaurant concept and branding. The existing business name is not included, and the buyer is not required to operate the current business. Purchase price includes all equipment and chattels, offering a rare opportunity to acquire a restaurant with a fully functional commercial kitchen already in place, including Big hood and exhaust, grease trap, walk-in freezer and coolers, all kitchen equipment, tables, and chairs. The in dine capacity is around more than 50.The unit features two public washrooms and one staff washroom. An attractive existing lease may be assumed by a qualified purchaser subject to landlord approval, or a new lease may be negotiated. The landlord of the unit and franchiser has given max relief in rent and royalty due to this financial hardship.
Listing Details
- Taxes (2025)
- $17
- Originally Listed
- $499,999
- Listed
- October 6, 2025
Price History
Listing history
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Location & Legal
- Cross Street
- OXFORD ST./ SECOND ST.
- Zoning
- CC2(4)/SS
- Parcel Number
- 081070014
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Owner
Included
- Inclusions
- ALL APPLIANCES, WALKIN FRIDGE AND FREEZER ,FRYER ,STOVES . MICROWAVES , BIG HOOD AND OTHER ATTACHED TO THE PROPERTY BUSINESS Please Include Schedule B1 With All Offers
- Rental Items
- IF ANY
Community
Postal area N5V
- Population
- 32,961
- Private dwellings
- 13,236
- Median age
- 36.4
- Average household size
- 2.6
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in London East · last 12 months
- Median sold price
- $460,000
- Homes sold
- 1,317
- Median days on market
- 24
- Sale-to-list price
- 97.1%
Based on 1,317 recorded sales of commercial properties in London East over the last 12 months.
Listed by
EXP REALTY
Walk Score
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