$3,500,000
Available - For Sale
Listing ID: E8417264
349 King Street West , Oshawa, L1J 2J8, Durham
| Exceptional Development Opportunity 1 block east of the Oshawa Shopping Centre - the largest enclosed mall in Durham Region. High Profile Corner of King and Grenfell Street. 37,000 SQ FT (0.85 Acre) Parcel with Good Holding Income from 2 Buildings. 349 King St. W. is a 2,000 SQ FT Building With Long Term Tenant. 25 Grenfell St. is an 8,700 SQ FT Commercial / Residential Building. Ground floor Commercial Portion (6,569 SQ FT) - Vacant, 2nd Floor Residential apartments (2,214 SQ FT) - Tenanted. Buyer To Conduct Their Own Due Diligence however Preliminary review of the site by by Planning Consultant Indicates Potential for an 8 - 11 Storey Building with a GFA of 150,000 - 165,000 SQ. FT. Property to the west at 400 King St. W. Was Recently approved to permit a 20-Storey Mixed Use Commercial / Residential development. Dynamite opportunity for a savvy investor to buy, hold, rezone and collect holding income |
| Price | $3,500,000 |
| Taxes: | $28750.79 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 349 King Street West , Oshawa, L1J 2J8, Durham |
| Postal Code: | L1J 2J8 |
| Province/State: | Durham |
| Legal Description: | PT LT 43 PL 178 EAST WHITBY AS IN D54417 |
| Lot Size: | 105.84 x 300.20 (Feet) |
| Directions/Cross Streets: | Grenfell / King St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Industrial |
| Building Percentage: | T |
| Total Area: | 0.85 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE FRANK REAL ESTATE |
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | Vanier |
| Lot Size: | 105.84 x 300.20(Feet) |
| Tax: | $28,750.79 |
| Fireplace: | N |
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