1490 Speers Rd - Warehouse FOR SALE


Oakville, ON L6L 2X6
$7,200,000 CAD
289-291-5068
1490 Speers Rd, Oakville, ON for Sale
$7,200,000 CAD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

1490 Speers Rd
Oakville, ON L6L 2X6


HIGHLIGHTS

  • Dual frontage on Speers and Wallace Roads, two of Oakville’s busiest commercial corridors.
  • Excellent connectivity to Provincial Highways, ensuring smooth logistics and commuter access.
  • Ideal for owner-occupiers or investors seeking a versatile industrial asset.
  • Fully occupied by month-to-month tenants, offering flexibility for repositioning or lease restructuring.
  • 12 separately metered units with 14 drive-in doors ranging from 10' to 20' in height.

OVERVIEW

This freestanding 27,600 sq. ft. multi-unit industrial building in Oakville presents a rare opportunity for both occupiers and investors. Situated on approximately 1.54 acres, the property enjoys dual frontage along Speers and Wallace Roads—two of Oakville’s busiest commercial thoroughfares and is conveniently located near several Provincial Highways. The building is divided into 12 separately metered units and features 14 drive-in doors with varying heights between 10 and 20 feet. Clear ceiling heights range from 10 to 24 feet. Currently, the property is fully occupied by nine tenants, all operating on a month-to-month basis without formal leases. Zoned Business Commercial (E4), the site permits a wide range of uses including motor vehicle repair, body shop, dealership, rental, and washing facilities. Additional permitted uses under Sp. 341 include manufacturing and warehousing. A Phase I Environmental Assessment has been completed, and Phase II is currently underway. Property tours are available by appointment only through the listing agents. Interested parties are advised not to visit the site directly or engage with current tenants.

FOR SALE DETAILS

PRICE

$7,200,000 CAD

PRICE/SF

$261 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

14

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.53

LAND SF

66,647

ZONING

E4 sp:341

APN/PARCEL ID

240102029007700

ASK ABOUT THIS PROPERTY

Robert DickinsonColdwell Banker Commercial - Integrity Real EstateMore Info
289-291-5068

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Robert DickinsonColdwell Banker Commercial - Integrity Real EstateMore Info
289-291-5068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.