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New · Listed Sep 18, 2026 · 39 days on market

1487 Dundas Street, London East, ON N5W 3B8

$89,990

Commercial · Sale Of Business · 3032 sq ft · For Sale

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 summary

TypeCommercial
SubtypeSale Of Business
Business typeRestaurant
Building area3032 Square Feet
Lot size50.12 × 146.22 ft
GarageOutside/Surface
PossessionFlexible
OccupantTenant
Property
Lot width50.12
Lot depth146.22
Lot shapeRectangular
Power & Services
Heating typeGas Forced Air Closed
UtilitiesAvailable
Residential
GarageOutside/Surface
Zoning & Taxes
Tax year2025
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Data provided by TRREB. Listed by SHRINE REALTY BROKERAGE LTD..

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