587 Oxford Street E, London East

$249,999
587 Oxford Street E

$249,999

New
7d
Sale Of Business

587 Oxford Street E, London East

Total Monthly Obligation $1,383

Beds
0
Baths
3
Park
26
DOM
7d
Property Type-Sale Of Business
MLS® Number-X14088306
Beds-0
Bathrooms-3
Lot Size-57 × 180 ft
Listed on site-Oct 16, 2026
Building Type-Sale Of Business
Parking-Outside/Surface
Heating-Gas Forced Air Closed
Brokerage-THRIVE REALTY GROUP INC.
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-East F
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$199,999
Land Transfer Taxes$2,225
Legal Fees (Est.)
$
Total cash required for closing$53,725

Total Monthly Obligation

$1,383/mo
Mortgage $1,008
Monthly Loss $1,118
Principal$265
Interest$743
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

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