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349 King W Street, Oshawa (Vanier), ON L1J2J8
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$3,500,000
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Home Details for 349 King W Street
Price
$3,500,000
Type
Commercial/Industrial
Sq. Ft.
-
Lot Size
105.84 x 300.2 FT ; Irregular
Listing #
27010769
On exitrealty.com
434 days
Property Description
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 (id:31684)
- Heating Information
- Natural Gas
- Other
- Fire Place
- False
Listing Courtesy: ROYAL LEPAGE FRANK REAL ESTATE
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$3,500,000
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EXIT REALTY LEGACY, BROKERAGE
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