84 King St W
Oshawa, L1H1A6
For Sale
$1,249,900
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Retail
CATEGORY2,801 Sq Ft
TOTAL AREAE11883304
MLSIDContact Us
Property Description
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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Property Details
Category
Retail
Zoning
Commercial
Total Area
2,801 Sq Ft
Office/Apartment Area
900 Sq Ft
Retail Area
1,300 Sq Ft
Industrial Area
600 Sq Ft
Taxes
$10,800 (2023)
Air Conditioning
Yes
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Listing contracted with First Class Realty Inc.
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