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$ 11,950,000
Est. payment | /mo
9,675 SqFt
$ 11,950,000
Est. payment | /mo
9,675 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,675 sqft
Price per Sqft $1,235
Subdivision Old Oakville
MLS® Listing ID W9012273
Originating Board Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Heating Other
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No