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EXECUTIVE SUMMARY
Exceptional commercial opportunity in a high-visibility Addison location. This desirable brick, free-standing building offers approximately 2,575 square feet of versatile office/retail space with ample on-site parking. Strategically positioned on W Lake Street, the property benefits from outstanding exposure to over 36,000 vehicles daily, making it ideal for owner-users or investors seeking strong brand visibility. The property is surrounded by excellent demographics and established businesses, providing a solid foundation for a wide range of professional, retail, restaurant or service-oriented uses. The purchase price includes two subdivided residential lots, offering additional value and future development potential. A rare opportunity to secure a highly visible commercial asset with flexibility, parking, and expansion possibilities in a thriving corridor.
NOTE price includes 2 additional lots with different pin numbers.
NOTE price includes 2 additional lots with different pin numbers.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
2,596 SF
Building Class
C
Year Built
1968
Price
$1,040,576 CAD
Price Per SF
$400.84 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,596 SF
Building FAR
0.07
Lot Size
0.90 AC
Zoning
C - Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 03-20-113-017 | Improvements Assessment | $101,049 CAD |
| Land Assessment | $125,127 CAD | Total Assessment | $226,175 CAD |
PROPERTY TAXES
Parcel Number
03-20-113-017
Land Assessment
$125,127 CAD
Improvements Assessment
$101,049 CAD
Total Assessment
$226,175 CAD
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991 W Lake St
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