349 King W Street, Oshawa, ON L1J 2J8

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

Details

MLS® Number
E8417264

Property Size
0.85 Sqft