21 Celina St
Oshawa, L1H4M9
For Sale
$1,190,000
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Retail
CATEGORY3,960 Sq Ft
TOTAL AREAE12006896
MLSIDContact Us
Property Description
Portfolio Sale. Prime downtown investment opportunity! This versatile building has been transformed into a thriving taphouse, featuring a curated selection of craft beers and a tapas-style menu. Fully licensed for 159 patrons indoors, plus an additional 40 on the exceptional outdoor patio - one of the best in the downtown core. Surrounded by new and upcoming developments, this location offers strong growth potential for investors or owner-operators looking to establish a presence in a rapidly evolving area. Don't miss this chance to own a prime commercial asset in a high-traffic destination! This is a Portfolio sale for a total of $2,318,000.00, being $1.19m for the property located at 21 Celina St, Oshawa + $329,000 for the Chronicle Brewing Taphouse business located at 21 Celina St, Oshawa + $799k for the Chronicle Brewing Company business located at 422 Lake Rd, Bowmanville.
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Property Details
Category
Retail
Zoning
Cbd-A
Total Area
3,960 Sq Ft
Retail Area
100
Lot Size
40' x 99'
Taxes
$14,327 (2024)
Air Conditioning
Yes
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Listing contracted with Keller Williams Energy Real Estate, Brokerage
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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 generate an additional $6,000 in annual revenue, further enhancing the property earning potential. Additionally, the restaurant business is available for sale by the owner.
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