Store W Apt/Office for Sale: 803 lakeshore Road, Lakeview, Mississauga

MLS® Number W13733864
For Sale   $ 1,799,000
  • 3500 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Store W Apt/Office For Sale.

Dare to compare !! Exceptional commercial/residential property,same owners for the last 59 years, meticulously maintained with many upgrades. This is an income generating building in a highly visible location,fronting on lakeshore with excellent exposure to both pedestrian and vehicular traffic, offering strong visibility for the retail component and convenient access to the residential tenants.The property features 3x2 bedrooms apartments and one retail space, providing an attractive combination of commercial and residential uses.The property is currently fully tenanted with leases in place until 2027,with tenants willing to stay offering immediate income to the next owner, Extensively upgraded and carefully maintained, the building features updated windows, roof and four side stucco finish, 400 amp electrical service,five separate meters,a new tankless water heater and a new air condition unit (for store only). With its long-standing ownership,established tenancy,significant recent improvements,multiple income streams and prime lakeshore exposure, this property represent an excellent opportunity for investors or owner-users seeking a solid,income producing asset with long term potential.Great upside in years to come with new developments coming to the area !!!

Community Features: Greenbelt/Conservation, Major Highway

Cross Street: dixie/lakeshore

Key Facts

  • Days on: 60 days
  • Mls Status: New
  • Lot Type: Lot
  • Lot Width: 40.08
  • Parking Spaces: 7
  • Garage Type: None
  • Heat Type: Electric Forced Air
  • Cooling: Partial
  • Building Area Total: 3500 Square Feet
  • Retail Area: 700 Sq Ft

Location 803, lakeshore, Lakeview, Mississauga

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Kate Naccarato
Sales Representative 416-779-6085