438 Kerr St, Oakville, Ontario L6K 3C4

Listed for:
$549,990
0 beds
3 baths
Listed 24 days ago
438 Kerr St, Oakville, Ontario L6K 3C4

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Listing provided by:
RE/MAX NOBLECORP REAL ESTATE
MLS® number:
W8055488
Agent:
H.b. Celebi
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About

The Beautiful MIDDLE EASTERN Wared Restaurant In Kerr Village In Oakville Is Available! Gorgeous Sit-Down Dining Restaurant With A Production Kitchen Featuring A 9-Foot Hood And Two Stacked Bakers/Pizza Ovens On The Side. This Is A Lovely Buildout With over $400,000 Recent Renovations And A Restaurant That Does Impressive Sales. This Unit Can Be Converted To Many Other Uses, Cuisines, Concepts, And Franchises. Back Area converted into Lounge, Perfect for Entertaining Private Events - Kitchen Is Full Of AAA Equipment w/ Walk-in/Fridges. Great Lease Rate Of $6,780 Gross Rent Including Tmi & HST With 5 + 5 Years Remaining. Large Dining Room In This 3,200 Sq Ft Space With Additional Seating On The Patio And Licensed For 125 Inside And 60 Outside At The Rear. (id:27476)

Property Highlights

Type
Cooling type
Fully air conditioned
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

The charming MIDDLE EASTERN Wared Restaurant in Kerr Village, Oakville is now on the market! This stunning sit-down dining establishment boasts a production kitchen with a 9-foot hood and two stacked bakers/pizza ovens on the side. The recent renovations, totaling over $400,000, have resulted in a lovely buildout, and the restaurant consistently achieves impressive sales.

Not only can this unit be used as a restaurant, but it can also be converted to accommodate various other uses, cuisines, concepts, and franchises. The back area has been transformed into a lounge, making it perfect for hosting private events. The kitchen is fully equipped with AAA equipment, including walk-in fridges.

With a great lease rate of $6,780 gross rent, which includes TMI & HST, and 5 + 5 years remaining on the lease, this 3,200 sq ft space features a large dining room and additional seating on the patio. It is licensed for 125 inside and 60 outside at the rear.

This property is located at 438 Kerr St. in Oakville, Ontario, with a postal code of L6K3C4. It is situated in the community of Old Oakville and features a total of 3 bathrooms. Additionally, the property is fully air conditioned.

For those looking to invest in a thriving restaurant business in a prime location, this property presents an excellent opportunity.