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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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587 Oxford Street E London
For SaleLondon East

587 Oxford Street E London, Sale Of Business for Sale

MLS® X14088306

London, ON

22 days on market
$249,999
Show on Map
Show on Map
N/ABeds
3Baths
4,495Sqft
N/AParking
Sale Of Business

Overview· 587 Oxford Street E London

MLS® #X14088306

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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Walk Score®62Somewhat WalkableSomewhat Walkable
Transit Score®60Good TransitGood Transit
Bike Score®66BikeableBikeable
Schools6412 schools within 1.5 km · nearest 762 m12 schools within 1.5 km · nearest 762 m
Parks486 parks within 1 km · nearest 420 m6 parks within 1 km · nearest 420 m
Convenience395 groceries, cafes and pharmacies within 1 km · nearest 147 m5 groceries, cafes and pharmacies within 1 km · nearest 147 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 587 Oxford Street E London

Source: MLS® listing data
587 Oxford Street E London

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

Price & Listing History

Days on Market

Current: 22 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Summary

Mortgage Payment$1,006/mo
Total Monthly$1,006

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0