149 Lakeshore Road East, Oakville (OO Old Oakville) - Business for Sale
149 Lakeshore Road East, Oakville (OO Old Oakville), Ontario, L6J1H3
This business in Oakville is for sale. It has been on the market 68 days, fresher than the Oakville average of 81 days.
Description
Exceptional opportunity to own an established The WORKS Craft Burgers & Beer franchise in the heart of Downtown Oakville, this prime location is surrounded by popular restaurants, boutique shops, professional businesses and strong pedestrian activity. Just steps from Oakville's picturesque waterfront, harbour and Lake Ontario, the restaurant benefits from an excellent downtown location that attracts local residents, professionals and visitors throughout the year. This established restaurant features a welcoming dine-in area plus a desirable outdoor patio, providing additional seating and excellent seasonal appeal during the warmer months. The business operates under the well-known Canadian The WORKS Craft Burgers & Beer brand and offers dine-in, takeout and delivery options. Excellent visibility along Lakeshore Rd E with convenient access to the surrounding Downtown Oakville amenities. A great opportunity for an owner-operator, experienced restaurateur or investor looking to acquire an established franchise restaurant in one of Oakville's most desirable and vibrant commercial districts. Take advantage of the existing setup, recognized brand and outstanding location while exploring further opportunities to grow the business. (id:66096)
Property Details
- MLS®
- W13723722
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- commercial retail
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 68 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 68 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Oakville (OO Old Oakville) has been listed for 68 days, which is 13 days fresher than the city average of 81. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6J)
This home lists at $439,000, about 2.8× the local median household income of $158,000.
Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $158,000
- Population
- 24,420
- Median age
- 46.4
- Owner / renter
- 84% / 16%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L6J)
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$439,000
Oakville