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857-859 Lakeshore Rd E 2,845 SF Retail Building Mississauga, ON L5E 1E2 For Sale

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EXECUTIVE SUMMARY

This Property Is Located In A Prime Location On A Busy Corner Of Lakeview Community In Mississauga. The Whole Area Is Undergoing Intensification & Redevelopment. This Is A Great Investment Opportunity For End Users, Investors, Builders & Developers. The Property Consist Of 3 Lots, 2 Addresses: 857 & 859 Lakeshore Road East & 2 PINS. Currently Operating As Automotive/Mechanic Garage, Car Dealership Sales & Service. Large Corner Lot With Great Exposure, 4 Car Garage Bays, Reception Area, Offices & Large Surface Parking. The Property Is Also Site Plan Approved For A Development Proposal Of 4 Storey Mixed-Use Condominium Building With 12-3 Bedroom Units, Ground Floor Commercial/Retail & 16 Parking Spaces. Total GFA 26,541 SF.**** EXTRAS **** Currently A 4 Bay Automotive Garage With Car Sales. Site Plan Approved For Re-Development Of 4 Storey Mixed-Use Condo Building.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,845 SF
Building Class
C
Year Built
1975
NOI
$85,965 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.26 AC
Zoning
C4-12 - commercial residential
Parking
8 Spaces (2.81 Spaces per 1,000 SF Leased)
Frontage
27’ on Lakeshore Rd

AMENITIES

  • Bus Line
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
Curves
Rabba Fine Foods
Osmow's
Sunset Grill
Orangetheory Fitness
Coffee Culture
Metro
Starbucks
CrossFit
  • Listing ID: 31072994

  • Date on Market: 2/28/2024

  • Last Updated:

  • Address: 857-859 Lakeshore Rd E, Mississauga, ON L5E 1E2

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