218 Lakeshore Road, Oakville | Image 1

218 Lakeshore Road

Oakville, Old Oakville

  • Commercial

$699,000
For Sale

Added 3 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: C3R

  • Age: No Data

  • MLS®#: W11944597

  • Days on Site: 9 Days

  • Added: Jan 27, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 11 hours ago

  • Listed By: EXP REALTY

Presenting a rare turnkey restaurant opportunity in the heart of Oakville! This 5,000+ sq. ft. culinary masterpiece, located on prestigious Lakeshore Road, offers a proven business model, prime location, and endless potential for growth. The main floor features a charming Italian restaurant with seating for 70-80 guests, creating a warm and inviting dining experience. Downstairs, a fully equipped banquet hall accommodates over 100 guests perfect for weddings, corporate events, and private celebrations. This establishment boasts a state-of-the-art chefs kitchen, a large liquor license, and a spacious outdoor patio, ideal for al fresco dining. The business is fully operational and comes with an established customer base and a reputation for excellence. Whether you are a seasoned restaurateur or an entrepreneur ready to enter the hospitality industry, this is your chance to own a turnkey business designed for maximum potential. Location has undergone extensive renovations and upgrades by the current owners with significant investment. Pescaraa where Italian charm meets coastal elegance. Your next business venture starts here!

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Oakville

  • Community: Old Oakville

  • Availability Date: Immediate

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT B, BLK 11, PL 1 20R12809; OAKVILLE. T/

  • Taxes Type: T.M.I.

Land

  • Cross Street: Lakeshore Rd & Trafa

  • Municipality District: Oakville

  • Sewer: San+Storm

  • Zoning: C3R

Commercial Specific

  • Number of Employees: 7

  • Retail Area: 100

  • Retail Area Metric: %

  • Total Area: 5000

  • Total Area Metric: Sq Ft

  • Hours Open: 9

  • Industrial Area Metric: Sq Ft

  • Office Size Metric: Sq Ft

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 75

  • Financial Statement: Y

  • LLBO: Y

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