9675 sqft
Fully Air Conditioned
Other
$11,950,000
The Beer Store is an excellent AAA Tenant With a 15-year lease plus options with both parties having Termination rights. The Tenant's after 10 years and the Landlord's termination rights can beexecuted at any time for re-development. Ask the listing agent for details.This single tenant property is situated on 0.58 acres of land & is located on the southwest corner of Lakeshore Road West and Kerr Street. This rare opportunity in downtown Oakville is just a quick walk to Lake Ontario. It's the perfect scenario that provides income today and incredible mix use re-development in the future. Ask the listing agent about an identical property two blocks away which recently received a staff recommendation report and an official plan amendment, which allows them eight floors andapproximately 109,000 ft.2 **** EXTRAS **** This property is surrounded by many major retail chains within walking distance. Please do not disturb the tenant's employees. (id:31697)
Business
BusinessType
|
Retail and Wholesale |
BusinessSubType
|
Retail misc. |
Property Details
MLS® Number
|
W9012273 |
Property Type
|
Retail |
Community Name
|
Old Oakville |
Building
CoolingType
|
Fully Air Conditioned |
HeatingFuel
|
Natural Gas |
HeatingType
|
Other |
SizeInterior
|
9675 Sqft |
UtilityWater
|
Municipal Water |
Land
Acreage
|
No |
SizeDepth
|
160 Ft |
SizeFrontage
|
156 Ft ,7 In |
SizeIrregular
|
156.6 X 160 Ft |
SizeTotalText
|
156.6 X 160 Ft |
ZoningDescription
|
Commercial |
https://www.realtor.ca/real-estate/27127451/104-lakeshore-road-w-oakville-old-oakville-old-oakville