509 Lakeshore Rd W - Convenience Store FOR SALE


Oakville, ON L6K 1G6
$2,998,000 CAD
888-775-9451
509 Lakeshore Rd W, Oakville, ON for Sale
$2,998,000 CAD
Convenience Store - FOR SALE
1/29
null | Request Cap Rate

509 Lakeshore Rd W
Oakville, ON L6K 1G6


HIGHLIGHTS

  • This is a chance to own an oversized property with both commercial & residential possibilities.
  • Zoned C1 sp:49
  • This property allows for a variety potential living/work uses including Dental, Medical, Veterinarian Office, Art Gallery, Daycare, & more

OVERVIEW

This prime mixed-use property offers incredible potential in a prestigious, high-traffic location. The main floor currently operates as a convenience store, benefiting from its proximity to Appleby College with over 800 students, creating a built-in customer base. The store has significant growth potential with a liquor license already in place, and there's an option to expand by offering seasonal flowers, plants, and pots. Additionally, the C1 SP:49 zoning allows for a wide range of businesses, such as medical offices, veterinary clinics, dental practices, or professional services, all ideal for the affluent residential community surrounding the area. A large parking lot and backyard provide convenience and space for future clientele. The second floor features a 2-bedroom apartment, offering additional rental income or the opportunity for a live-work setup. Whether you utilize the current structure or explore redevelopment options, this property is full of potential for both business and investment growth.

FOR SALE DETAILS

PRICE

$2,998,000 CAD

PRICE/SF

$834 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C1 sp:49

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Sung WooRe/Max Condos Plus Corporation BrokerageMore Info
888-775-9451

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Sung WooRe/Max Condos Plus Corporation BrokerageMore Info
888-775-9451

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.