$99,999
For sale: Other

Excellent opportunity to acquire the chattels and equipment of a fully equipped, turnkey food-service space located at 1579 Oxford Street East, directly across from Fanshawe College. This approximately 1,100 sq. ft. unit shares a dining area with the popular Fadi's Shawarma and is situated in a busy food-focused plaza alongside Tuscano's Pizzeria & Bistro, Punjaabi Indian Cuisine, Royal Paan and other established businesses. The premises feature a commercial-grade exhaust hood, 46-inch flat-top grill, two fryers, three-door refrigerator, freezer, ice cream machine, digital menu TVs and much more. An ideal opportunity for an operator to introduce a new food concept while benefiting from excellent exposure, ample free on-site parking and a large nearby student population. A competitively priced lease with a long term remaining is available for assignment, subject to the landlord's approval of the new tenant. The proposed use must not conflict with existing plaza tenants and is also subject to the landlord's approval. Full chattels list available upon request.
Sold data
Other homes in London East (East H) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East H) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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