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509 Lakeshore Rd W

3,595 SF Retail Building Oakville, ON L6K 1G6 $2,076,566 USD ($578 USD/SF)

Retail Space Ontario Oakville 509 Lakeshore Rd W, Oakville, ON L6K 1G6

Investment Highlights

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

Executive Summary

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.

Attachments

Sales Package

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,595 SF
Building Class
C
Year Built
1925
Price
$2,076,566 USD
Price Per SF
$578 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.35 AC
Zoning
C1 sp:49 - C1 sp:49
Parking
10 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
125 FT on Lakeshore Rd W

Links

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Nearby Major Retailers

YMCA
M&M Food Market
Fortinos
Starbucks
Ben & Florentine
CIBC
Chuck's Roadhouse Bar and Grill
Tim Hortons
Royal Bank of Canada
Jazzercise
(888) 775-9451

Contact

  • Listing ID: 33383579

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 509 Lakeshore Rd W, Oakville, ON L6K 1G6

The Retail Property at 509 Lakeshore Rd W, Oakville, ON L6K 1G6 is currently available for sale. Contact Re/Max Condos Plus Corporation Brokerage for more information.

Nearby Listings

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509 Lakeshore Rd W
(888) 775-9451 x

509 Lakeshore Rd W

Sung Woo

(888) 775-9451

(888) 775-9451

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