For Sale - 1490 Speers Road, Oakville, Ontario

Est payment $35,690/mo
Views   1
Time on Jump  95 day
  • Spacious 27,600 sq. ft. multi-unit industrial building on a large 1.54-acre lot.
  • Divided into 12 separately metered units with various drive-in door heights.
  • Currently fully occupied by multiple month-to-month tenants for immediate income.
  • Versatile Business Commercial zoning allows various uses: repair, dealership, manufacturing.
  • Prime location along busy commercial roads with easy access to highways.



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.
Listing IDW12397149
Address1490 Speers Road
CityOakville, Ontario
Price$7,200,000
StyleIndustrial
Land Size1.536
TypeIndustrial/Commercial
StatusFor Sale
Subtype IndustrialCommunity Features Major Highway, Public TransitHeating / Cooling Gas Forced Air Closed
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Listing Agency:  COLDWELL BANKER THE REAL ESTATE CENTRE
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1490 Speers Road
Oakville , Ontario
$7,200,000
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