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MLS® X14088306
London, ON
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.
Inclusions
All restaurant chattels and fixtures.
Broker
THRIVE REALTY GROUP INC.
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Sale Of Business
587 Oxford Street E London
London East
Type
Sale Of Business
Parking
Outside/Surface
Property Tax
~$0/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
4495 sqft
Parking
Outside/Surface
Finances
List Price
$249,999
Price per SQFT
$55.62/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
MLS Size
4495 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
London East
Listed On
Oct 16, 2026
Days on Market
Current: 22 days
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