509 Lakeshore

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Description

This prime mixed-use property offers incredible potential in a prestigious, high-traffic location. The main floor currently operates as a convenience store, benefiting from its proximity to Appleby College with over 800 students, creating a built-in customer base. The store has significant growth potential with a liquor license already in place, and there's an option to expand by offering seasonal flowers, plants, and pots. Additionally, the C1 SP:49 zoning allows for a wide range of businesses, such as medical offices, veterinary clinics, dental practices, or professional services, all ideal for the affluent residential community surrounding the area. A large parking lot and backyard provide convenience and space for future clientele. The second floor features a 2-bedroom apartment, offering additional rental income or the opportunity for a live-work setup. Whether you utilize the current structure or explore redevelopment options, this property is full of potential for both business and investment growth.

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Additional media

https://www.winsold.com/tour/367853

Property taxes

$9,199.84 per year / $766.65 per month

Basement

Unfinished

Year build

-

Type

Detached

Bedrooms

2

Bathrooms

2

Parking spots

10.0 Total

Floor

-

Balcony

-

Pool

None

External material

Vinyl Siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced Air

Fire place(s)

N