Exceptional investment opportunity to own a commercial free-standing building in downtown Oshawa, featuring a well-known and established restaurant on the main floor and a 3-bedroom apartment on the second floor. This property is strategically located next to a major high-rise condo development plan approved by the City, with neighbouring properties, including this one, poised for future high-rise development potential. Join this multi-million-dollar redevelopment opportunity while earning rental income from the restaurant and apartment. Adding to its appeal, signage on the roof could generate an additional $6,000 in annual revenue, further enhancing the propertys earning potential. Additionally, the restaurant business is available for sale by the owner. For more details, please contact the Listing Agent. |
Price | $1,399,900 |
Taxes: | $10800.00 |
Tax Type: | Annual |
Occupancy by: | Own+Ten |
Address: | 84 King St West , Oshawa, L1H 1A6, Ontario |
Postal Code: | L1H 1A6 |
Province/State: | Ontario |
Directions/Cross Streets: | King St West/ McMillian Drive |
Category: | Retail |
Building Percentage: | Y |
Total Area: | 2801.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 900 |
Office/Appartment Area Code: | Sq Ft |
Industrial Area: | 600 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 1300 |
Retail Area Code: | Sq Ft |
Area Influences: | Public Transit Rec Centre |
Sprinklers: | N |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
FIRST CLASS REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Durham |
Municipality: | Oshawa |
Neighbourhood: | O'Neill |
Tax: | $10,800 |