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$5,550,000 Sale
Listed 7 days ago
1455 Lakeshore Road #1-2
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Listing History
Buy/Sell/Terminated/Expired listing history for 1455 Lakeshore Road #1-2
Key Facts
Key facts for 1455 Lakeshore Road #1-2
Property Type
Commercial
Parking
Street
MLS #
W14117346
Size
-
Basement
-
Listed on
2026-10-26
Lot size
0 x 0.0
Tax
$36,369.29 /yr
Days on Market
8
Approximate Age
31-50
Maintenance Fee
-
Description
CBRE Limited is pleased to offer for sale Units G01-G02 at 1455Lakeshore Road, a rare waterfront-oriented retail investment in the heart of Downtown Burlington. The offering comprises 5,891 sq. ft. of interior space together with an exceptional 1,248 sq. ft. outdoor patio overlooking Lake Ontario. T...he property is fully leased on a triple-net basis (net to Tenant) to Pepperwood Bistro, a long-standing Downtown Burlington restaurant and established destination at this location. The lease provides secure, contractually escalating income through March31, 2034, with a further three-year extension option. Annual net rent increases from $285,953 in the current lease year to $343,291 by the final year of the committed term-growth of approximately 20%. The offering combines durable in-place income with the intrinsic value of an exceptionally scarce restaurant location. It's expansive lakeview patio, prominent Lakeshore Road address and proximity to Burlington's waterfront, Spencer Smith Park and established downtown amenities create a competitive advantage that would be difficult to replicate. Continued residential and mixed-use intensification along the Lakeshore corridor is expected to further expand the surrounding customer base and reinforce demand for well-positioned hospitality and experiential retail space. 5-storey parking garage adjacent to the property.
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Courtesy of: CBRE LIMITED