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For Sale

1487 Dundas Street, London East, ON N5W 3B8

$89,990

  • Sale Of Business
  • MLS® X13801374

Listing Brokerage: SHRINE REALTY BROKERAGE LTD.

Description

Exceptional opportunity to acquire a fully equipped turnkey restaurant business in a highly visible East London location along the high-traffic Dundas Street commercial corridor. Currently set up as an established Latin restaurant, this versatile opportunity is ideal for an owner-operator, investor, franchise conversion, or restaurateur looking to establish a new concept without the significant cost, delays, and expense associated with building a restaurant from scratch.The main floor premises feature seating for 32+ guests with a dedicated bar table setup, plus additional basement layout capacity (5 tables / 10 chairs), multiple washrooms, and a concrete patio for outdoor dining. The business includes a professionally equipped commercial kitchen complete with a gas stove, flat grill, commercial fryer, walk-in freezer, 4 additional freezers, extensive prep area, and a newly installed commercial kitchen hood system. All major equipment, chattels, and fixtures required to operate will remain with the business, allowing for a seamless transition.As a unique added value, the second level features a full self-contained residential/office setup complete with 2 full rooms, a dedicated kitchen, washroom, and laundry plumbing-perfect for owner-occupancy, staff accommodation, or conversion to commercial administrative space.Located in a high-density area with strong vehicle traffic, excellent street frontage visibility, and ample on-site customer parking, the location is surrounded by complementary retail and local businesses. Whether continuing as a Latin dining destination or introducing a completely new culinary brand, the existing leasehold improvements, commercial kitchen infrastructure, hood system, refrigeration, and fully furnished dining areas are already in place, allowing the next owner to focus on launching and growing their business rather than undertaking a costly build-out.

Property details

MLS® number
X13801374
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
East N
City
London East
Building area
3032 Square Feet
Lot width
50.12 Feet
Lot depth
146.22 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
Garage
Outside/Surface
Tax year
2025
Business type
Restaurant
Retail area
2500
Listing brokerage
SHRINE REALTY BROKERAGE LTD.

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