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$7,200,000
Available - For Sale
Listing ID: W12397149
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.
Price $7,200,000
Taxes: $45,106
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 1490 Speers Road , Oakville, L6L 2X6, Halton
Postal Code: L6L 2X6
Province/State: Halton
Directions/Cross Streets: Wallace & Speers
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Unit
Building Percentage: T
Total Area: 27,600
Total Area Code:  Square Feet
Office/Appartment Area: 5
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Area Influences: Major Highway   Public Transit
Approximatly Age: 31-50
Maintenance: 0
Sprinklers: Part
Rail: N
Clear Height Feet: 24
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 14
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
COLDWELL BANKER INTEGRITY REAL ESTATE INC.

1490 Speers Road , Oakville, L6L 2X6, Halton


 
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At a Glance:
Type: Com - Industrial
Area: Halton
Municipality: Oakville
Neighbourhood: 1014 - QE Queen Elizabeth
Style:
Lot Size: x 417.70(Feet)
Approximate Age: 31-50
Tax: $45,106
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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