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218 Lakeshore Road Oakville (Old Oakville), Ontario L6J 1H8

3 Bathroom 5000 sqft
Fully Air Conditioned Other

$849,000

The Pescaraa Restaurant & Venue is a highly successful business with exceptional sales and strong profitability. This 5,000 sq. ft. establishment is spread over two levels. The main level features a charming Italian restaurant with seating for 70-80 guests, while the lower level offers a banquet hall accommodating up to 100 people. Equipped with a full chefs kitchen, a large liquor license, and a spacious outdoor patio, this restaurant is fully prepared for business. The property boasts a long-term lease of 2+5 years at approximately $10,500 gross (including TMI). Situated in the vibrant town of Oakville, surrounded by a growing population, this location has undergone extensive renovations and upgrades by the current owner with significant investment. The kitchen is fully equipped and ready for operations. Don't miss this excellent business opportunity! (id:58073)

Business

Business Type Restaurant
Business Sub Type Restaurant/pub
Name Pescaraa Restaurant & Venue

Property Details

MLS® Number W9258713
Property Type Business
Community Name Old Oakville

Building

Bathroom Total 3
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 5000 Sqft
Utility Water Municipal Water

Land

Acreage No
Zoning Description C3r

https://www.realtor.ca/real-estate/27302786/218-lakeshore-road-oakville-old-oakville-old-oakville