1487 DUNDAS STREET, London East (East N)

$89,990

1487 DUNDAS STREET, London East (East N) — photo 11487 DUNDAS STREET, London East (East N) — photo 21487 DUNDAS STREET, London East (East N) — photo 31487 DUNDAS STREET, London East (East N) — photo 41487 DUNDAS STREET, London East (East N) — photo 51487 DUNDAS STREET, London East (East N) — photo 61487 DUNDAS STREET, London East (East N) — photo 71487 DUNDAS STREET, London East (East N) — photo 81487 DUNDAS STREET, London East (East N) — photo 9

About this property

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. (id:66939)

Property details

Price
$89,990
Living area
3,032 square feet
Property type
Business
MLS® number
X13661520

Location

Map showing the location of 1487 DUNDAS STREET, London East (East N)

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Listing courtesy of SHRINE REALTY BROKERAGE LTD.. Source board: London and St. Thomas Association of REALTORS®.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.