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1502 Speers Rd 3,941 SF 50% Leased Retail Building Oakville, ON L6L 2X7 $1 CAD ($0.00 CAD/SF) 6% Cap Rate
Executive Summary
Bid on this Updated Automotive Building On Speers Rd With Excellent Exposure, Ideal Location With Transit & HWY Access, This Area Of Oakville Is an Automotive Hub, 6 Bay Doors & 14' Ceiling, Buy the Building for Income or Personal Use. Gross Rent Collected $364K per Annum. Environmental Report from 2026 - Clean.
Plans available for Demolition and New 6600Sqft Building Available with Second Floor Mezzanine
LED Lighting, New Paint, All New Windows (2023), New Roof (2024), New HVAC Heating & Cooling (2024), New Electrical Supply (2021), Large Fenced Yard
Plans available for Demolition and New 6600Sqft Building Available with Second Floor Mezzanine
LED Lighting, New Paint, All New Windows (2023), New Roof (2024), New HVAC Heating & Cooling (2024), New Electrical Supply (2021), Large Fenced Yard
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,941 SF
Building Class
C
Year Built
1962
Price
$1 CAD
Price Per SF
$0.00 CAD
Cap Rate
6%
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.39 AC
Zoning
E4 - Employment zone
Parking
40 Spaces (10.15 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 22
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1502 Speers Rd
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