1490 Speers Road, Oakville, ON L6L 2X6

Oakville L6L 2X6 Ontario

MLS: W12397149

$7,200,000

Added 2 hours ago | For Sale

Listed by: COLDWELL BANKER INTEGRITY REAL ESTATE INC.

About Property

A unique opportunity for both occupiers and/or investors to purchase a freestanding 27,600 sq. ft. multi-unit industrial building in Oakville. The property is approximately 1.54 acres in size abutting both Speers and Wallace Roads. The building has been demised into 12 separately metered units, with 14 drive-in doors of varying heights between 10' and 20'. Clear height of the building ranges between 10' to 24' high. Currently fully occupied by 9 tenants who are month to month with no formal leases in place. The Business Commercial (E4) zoning permits a wide variety of uses including Motor Vehicle repair, body shop, dealership, rental and washing facilities. Additional uses of manufacturing and warehousing are also permitted under Sp. 341. The property is located along one of Oakville's busiest commercial throughfares and within very close proximity to a number of Provincial Highways. Phase I Environmental report has been completed with Phase II currently underway. Tour requests are by appointment only through the Listing agents. Do not go directly to the property or speak to the current tenants.

Features

  • House Style:Industrial
  • Bathrooms:
  • Land Size: 161.27 X 417.7
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Wallace & Speers
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $45106
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12397149

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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