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. The store has significant growth potential with a liquor license already in place, and there's an option to expand by offering seasonal flowers, plants, and pots. 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.
RE/MAX Condos Plus Corporation, Brokerage
$2,998,888
509 Lakeshore Road W, Oakville, Ontario
0 Bedrooms
Property
MLS® Number: 40648544
Address: 509 Lakeshore Road W
City: Oakville
Lot Size: 125.0ft x 125.0ft
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Property Sale History
Travel and Neighbourhood
52/100Walk Score®
Somewhat Walkable
Location
