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.
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
156.6 x 160 ft
Retail Area
9,675 ft2
Total Area
9,675 ft2
Approximate Age
51-99
Elevator
None
Air Conditioning
Y
Basement
Y
Garage Type
Outside/Surface
Heat Type
Gas Forced Air Open
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Truck Level Shipping Doors
1
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
Commercial
Seller Property Info Statement
N
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