407 Iroquois Shore Road, Oakville (QE Queen Elizabeth) - Business for Sale
407 Iroquois Shore Road, Oakville (QE Queen Elizabeth), Ontario, L6H1M3
This business in Oakville is for sale offering roughly 1,838 sq ft of space.
Description
Turnkey Restaurant Opportunity in Prime Oakville Location Near the QEW!An excellent opportunity to acquire a professionally designed, fully equipped restaurant in a high-demand Oakville commercial area. The approximately 1,837 sq. ft. space features 35-40 seats, modern décor, booth seating, buffet setup, service/bar area, commercial kitchen, furniture, fixtures, leasehold improvements and existing restaurant equipment. Offered as an as-is asset/business sale and not based on historical sales or financial performance. Ideal for an experienced operator, franchisee or entrepreneur looking to launch a new restaurant concept while avoiding the substantial cost and time involved in building from an empty shell. The premises may be converted to another cuisine, franchise or restaurant concept, subject to landlord approvals.Excellent remaining lease term provides added stability for the incoming operator. **Disclaimer - financial statements are not being represented as part of the transaction.Qualified buyers may be required to sign an NDA prior to receiving detailed lease information, equipment lists or other confidential business information.Please do not approach staff or visit the business without a confirmed appointment. (id:66096)
Property Details
- MLS®
- W13663266
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Business Commercial
- Interior Size
- 1,838 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 87 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 87 days on market, against an average age of 79 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 (QE Queen Elizabeth) 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 (L6H)
This home lists at $289,999, about 2.4× the local median household income of $123,000.
Carrying it typically needs a household income of about $56,647 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $123,000
- Population
- 72,662
- Median age
- 40
- Owner / renter
- 77% / 23%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L6H)
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$289,999
Oakville