509 Lakeshore Road W Oakville (Old Oakville), Ontario L6K 1G6
$2,998,000
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. With a liquor license already in place, the store has significant growth potential, and there's the option to expand into a flower shop or plant nursery to further increase revenue. 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 (id:48518)
Property Details
MLS® Number | W9354874 |
Property Type | Retail |
Community Name | Old Oakville |
AmenitiesNearBy | Highway, Recreation |
ParkingSpaceTotal | 10 |
Building
BathroomTotal | 2 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 2660 Sqft |
Type | Residential Commercial Mix |
UtilityWater | Municipal Water |
Land
Acreage | No |
LandAmenities | Highway, Recreation |
SizeDepth | 125 Ft |
SizeFrontage | 125 Ft |
SizeIrregular | 125 X 125 Ft |
SizeTotalText | 125 X 125 Ft |
ZoningDescription | C1 Sp:49 |
https://www.realtor.ca/real-estate/27434099/509-lakeshore-road-w-oakville-old-oakville-old-oakville
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Sung Jung Woo
Broker
1170 Bay Street, Unit 110
Toronto, Ontario M5S 2B4
Rena Son
Salesperson
1170 Bay Street, Unit 110
Toronto, Ontario M5S 2B4