Salehian.com 647-325-5000

430 First Street

East H, London East, N5W 4N1

$349,000

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Listed 130 days ago · MLS® X13440670

About this home

Prime 5,000 sq ft turnkey BUSINESS SALE located in a very busy and highly traffic area of London neighbourhood, currently operating as a Portuguese grocery store that celebrates a diverse cultural mix of foods. Delivering strong cash flow and a prominent community presence, this location is ideal for an owner-operator or family business seeking long-term stability and growth. Features include a full commercial kitchen with a 12' hood and fire-suppression system, prep tables, coolers and freezers. A grocery area plus central customer seating for the instore experience of freshly prepared foods with family and friends. Rear dock-level loading into staging and prep areas for efficient business flow, dedicated 240V electrical service with 400A capacity, a monitored alarm system, and ample customer parking at the rear. Consistent year-round performance with clear upside to further expand prepared foods or catering, extend hours, or broaden retail offerings to accelerate revenue growth.

Details

Type
Sale Of Business
Lot
232 × 259.1 ft
Garage
None
Neighbourhood
East H
Municipality
London East

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

More

Possession
30-60days
Cross street
Dundas St E & First St
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 8 cafés and restaurants, 3 parks, 3 pharmacies. Nearest grocery: True Value Foods (750 m). Nearest park: Kiwanis Park - North (650 m).

Schools nearby

Elementary

  • Académie de la Tamise French
    EQAO: Gr 6 reading 96%, math 86%    15 min walk
  • Forest City Public School
    EQAO: Gr 6 reading 59%, math 19%    16 min walk
  • Prince Charles Public School
    EQAO: Gr 6 reading 39%, math 9%    18 min walk
  • St. Pius X Catholic School Catholic
    EQAO: Gr 6 reading 71%, math 25%    18 min walk

Secondary

  • John Paul II Catholic Secondary School Catholic
    EQAO: Gr 9 math 44%, literacy test 71%    1.4 km
  • Clarke Road Secondary School
    EQAO: Gr 9 math 45%, literacy test 61%    1.9 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N5W

Owners / renters
59% / 41%
Median household income
$64,500
Average age
42
Children under 15
13%
Homes
56% detached, 9% high-rise
Commute by transit
8%
Population
24,740

Languages spoken most at home besides English: Spanish 1.3%, Portuguese 1%, Punjabi (Panjabi) 0.5%, Polish 0.5%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 4 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Galt Subdivision)0 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ADVANTAGE REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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