04-579 Kerr Street, Oakville | Image 1

04-579 Kerr Street

Oakville, Old Oakville

  • Commercial

$148,000
For Sale

Added 3 days ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Fast Food/Take Out

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: W10429147

  • Days on Site: 1 Days

  • Added: Nov 17, 2024 (3 days ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: RE/MAX REALTRON REALTY INC.

This fast food business offers an excellent opportunity for a low-cost operation with affordable rent and high value. Located in a bustling commercial area at Kerr St and Speers Rd, Oakville, this 695square foot restaurant is surrounded by high foot traffic, drawing in crowds from two nearby supermarkets, including an organic food store, a gym, bar, and several restaurants. The interior is stylishly designed to create a high-end, comfortable dining environment that encourages customers to stay. The plaza is adjacent to multiple high-rise residential buildings, with upcoming residential developments adding more potential customers. Conveniently, the property includes a spacious parking lot for easy access. The lease terms are 3.5 years plus an additional 5 years, current rent at $2716 after TMI. The setup includes three tables (as shown in the photo) and is ideal for serving juice, sandwiches, salads, acai bowls, smoothies, and more.

Property

  • Status: Sale

  • Type: Fast Food/Take Out

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Oakville

  • Community: Old Oakville

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Speers Rd/Kerr St.

  • Municipality District: Oakville

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 695

  • Retail Area Metric: Sq Ft

  • Total Area: 695

  • Total Area Metric: Sq Ft

  • Hours Open: 9

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Seats: 12

  • Financial Statement: N

  • LLBO: N

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