509 Lakeshore Road West, Oakville | Image 1

509 Lakeshore Road West

Oakville, Old Oakville

  • Commercial

$2,998,888
For Sale

Added 3 months ago

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  • Type: Store W/Apt/Office

  • Property Type: Commercial

  • Zoning: C1 sp:49

  • Age: No Data

  • Taxes: 9199.84

  • MLS®#: W9354874

  • Days on Site: 87 Days

  • Added: Sep 17, 2024 (3 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX CONDOS PLUS CORPORATION

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.

Extras

All existing appliances: Fridge, Gas Stove & Washer. All existing ELFS & window coverings

Property

  • Status: Sale

  • Property Type: Store W/Apt/Office

  • Property Type: Store With Apt/Office

  • Area: Oakville

  • Community: Old Oakville

  • Availability Date: Flexible

Inside

  • Bathrooms: 2

  • Air Conditioning: Y

  • Washrooms: 2

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 19, CON 3 TRAFALGAR, SOUTH OF DUNDAS STREET , AS IN 633547

  • Taxes: $9,200

  • Taxes Type: Annual

Land

  • Cross Street: Lakeshore Rd W & Fou

  • Municipality District: Oakville

  • Parcel Number: 248360120

  • Lot Depth: 125 Feet

  • Lot Frontage: 125 Feet

  • Zoning: C1 sp:49

Additional Media

  • Virtual Tour: https://www.winsold.com/tour/367853

Commercial Specific

  • Retail Area: 1713

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 2660

  • Total Area Metric: Sq Ft

  • Office Size: 947

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Rec Centre

  • Lot Code: Lot

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Car-Dependent

  • Most errands require a car.
32 /100

Some Transit

  • Most errands require a car.
38 /100

Somewhat Bikeable

  • Most errands require a car.
44 /100
JK-8

St James Separate School

Elementary: Catholic
0.95 km
JK-6

École élémentaire Patricia-Picknell

Elementary: Public
1.56 km
JK-8

Brookdale Public School

Elementary: Public
1.35 km
JK-8

ÉÉC Sainte-Marie-Oakville

Elementary: Catholic
1.54 km
JK-8

W H Morden Public School

Elementary: Public
0.68 km
1-8

Pine Grove Public School

Elementary: Public
0.88 km
9-12

École secondaire Gaétan Gervais

Secondary: Public
3.64 km
9-12

Gary Allan High School - Oakville

Secondary: Public
4.03 km
9-12

Gary Allan High School - STEP

Secondary: Public
4.03 km
9-12

Thomas A Blakelock High School

Secondary: Public
1.10 km
9-12

St Thomas Aquinas Roman Catholic Secondary School

Secondary: Catholic
1.05 km
9-12

White Oaks High School

Secondary: Public
4.09 km
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