321 Lakeshore Road East, Oakville (OO Old Oakville) - Business for Sale
321 Lakeshore Road East, Oakville (OO Old Oakville), Ontario, L6J1J4
This business in Oakville is for sale offering roughly 2,211 sq ft of space.
Description
Excellent opportunity to own and operate an established Aroma Espresso Bar in the heart of Downtown Oakville! Located on highly desirable Lakeshore Road East, this well-positioned café benefits from strong pedestrian traffic, surrounding residential and commercial activity, and excellent street exposure.The premises offer approximately 2,211 sq. ft. across the main and second floors, plus approximately 766 sq. ft. of basement space and an outdoor seating area. Fully equipped for café and restaurant operations, offering coffee, specialty beverages, breakfast, lunch, dinner and baked goods.Current base rent is approximately $9,212.50/month plus HST, additional rent, utilities and other occupancy costs. Potential franchisor-required renovations/upgrades may apply within the next 6-12 months. Buyer to verify requirements, timing and costs directly with Aroma Espresso Bar.Sale subject to landlord approval, lease assignment and franchisor approval. Do not go direct or speak with employees. All appointments through the Listing Brokerage. (id:66096)
Property Details
- MLS®
- W13667878
- Property Type
- Business
- Zoning
- CBD
- Parking
- 1
- Interior Size
- 2,211 ft²
- Lot Size
- 2,211 sq ft
- Frontage
- 49 ft
- Building Area
- 2,211 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 85 days ago
Features
- Appliances
- Furniture
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 85 days on market, against an average age of 80 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) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L6J)
This home lists at $289,000, about 1.8× the local median household income of $158,000.
Carrying it typically needs a household income of about $56,452 (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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$289,000
Oakville