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$11,950,000
Status: For Sale
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
Property Type | :Commercial |
MLS Number | :W9012273 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :04 Jul, 2024 (2 Days ago) |
Property Age | :51-99 years |
Area | :Halton |
Community | : Old Oakville |
Postal Code | : L6K 1E3 |
Source | :TRREB |
Price | :$11,950,000 |
Property Taxes | :$46176.44 |
Tax Year | :2024 |
Cross Street | :Lakeshore Rd & Kerr Street |
Fireplace/Stove | :No |
04 Jul, 2024
TREB #W9012273
Available
$11950000.0
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