Property Description for 509 LAKESHORE ROAD W
This prime mixed-use property offers incredible potential in a prestigious, high-traffic location. The main floor currently operates as a convenience store, benefiting from its proximity to Appleby College with over 800 students, creating a built-in customer base. With a liquor license already in place, the store has significant growth potential, and there's the option to expand into a flower shop or plant nursery to further increase revenue. Additionally, the C1 SP:49 zoning allows for a wide range of businesses, such as medical offices, veterinary clinics, dental practices, or professional services, all ideal for the affluent residential community surrounding the area. A large parking lot and backyard provide convenience and space for future clientele. The second floor features a 2-bedroom apartment, offering additional rental income or the opportunity for a live-work setup. Whether you utilize the current structure or explore redevelopment options, this property is full of potential for both business and investment growth. **** EXTRAS **** All existing appliances: Fridge, Gas Stove & Washer. All existing ELFS & window coverings (id:38686)
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Property Details
Property Tax
: $9,200MLS® #
: W9361278
Home Features
Property Type
: Single Family
Room Details
Partial Bathroom
: 1
Interior Features
Heating
: Forced air, Natural gasBasement
: Unfinished, N/AFlooring
: Laminate
Utilities
Sewer
: Sanitary sewer
Other
Exterior Features
: Vinyl siding
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