Added 4 months ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Retail Store Related
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Zoning: Commercial
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Age: 51-99 years
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Taxes: 46176.44
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MLS®#: W9012273
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Days on Site: 118 Days
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Added: Jul 04, 2024 (4 months ago)
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Updated:
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Last Checked: 10 hours ago
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Listed By: SUTTON GROUP-ADMIRAL REALTY INC.
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.
Property
Status: Sale
Type: Retail Store Related
Property Type: Commercial/Retail
Property Type: Retail
Age: 51-99
Area: Oakville
Community: Old Oakville
Availability Date: TBD
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Outside/Surface
Fees
Tax Year: 2024
Tax Legal Description: Plan 1, Blk 7 Of Lots 10, 12, 13, Oakville
Taxes: $46,176
Taxes Type: Annual
Land
Cross Street: Lakeshore Rd & Kerr
Municipality District: Oakville
Sewer: San+Storm
Lot Depth: 160 Feet
Lot Frontage: 156.6 Feet
Zoning: Commercial
Commercial Specific
Shipping Doors Truck Level: 1
Rail: N
Retail Area: 9675
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 9675
Total Area Metric: Sq Ft
Lot Code: Lot
Oakwood Public School
Elementary: PublicSt James Separate School
Elementary: CatholicNew Central Public School
Elementary: PublicÉÉC Sainte-Marie-Oakville
Elementary: CatholicW H Morden Public School
Elementary: PublicPine Grove Public School
Elementary: PublicÉcole secondaire Gaétan Gervais
Secondary: PublicGary Allan High School - Oakville
Secondary: PublicGary Allan High School - STEP
Secondary: PublicThomas A Blakelock High School
Secondary: PublicSt Thomas Aquinas Roman Catholic Secondary School
Secondary: CatholicWhite Oaks High School
Secondary: Public