1 - 430 First Street
London East, ON
- 5,000 sqft
- Commercial Retail
- 159 days on market
Prime 5,000 sq ft turnkey BUSINESS SALE located in a very busy and highly traffic area of London neighbourhood, currently operating as a Portuguese grocery store that celebrates a diverse cultural mix of foods. Delivering strong cash flow and a prominent community presence, this location is ideal for an owner-operator or family business seeking long-term stability and growth. Features include a full commercial kitchen with a 12' hood and fire-suppression system, prep tables, coolers and freezers. A grocery area plus central customer seating for the instore experience of freshly prepared foods with family and friends. Rear dock-level loading into staging and prep areas for efficient business flow, dedicated 240V electrical service with 400A capacity, a monitored alarm system, and ample customer parking at the rear. Consistent year-round performance with clear upside to further expand prepared foods or catering, extend hours, or broaden retail offerings to accelerate revenue growth.
Listing Details
- Originally Listed
- $450,000
- Listed
- March 25, 2026
Price History
Property
- Lot Size
- 230.8 x 312.44 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Dundas St & First St
- Zoning
- RSC1(29)
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area N5W
- Population
- 24,740
- Private dwellings
- 12,388
- Median age
- 40.4
- Average household size
- 2.1
- Median household income
- $64,500
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
- $462,500
- Homes sold
- 1,302
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,302 recorded sales of commercial properties in London East over the last 12 months.
Listed by
RE/MAX ADVANTAGE REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 5,000 sq ft
- Price per sq ft
- $80.00
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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