$1,399,900
( $499.79Per Sq Foot )
 $7,515 est/mo Sourced by Back At You

84 King Street , Oshawa, ON L1H 1A6

Oshawa, ON L1H 1A6

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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.

Details

MLS#E11883304
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site40
Listing Provided ByFIRST CLASS REALTY INC. | Not Provided

Features

SQ Feet2,801
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 35 minutes ago
StateON
CountyDurham
CityOshawa
Zip CodeL1H 1A6
AreaO'Neill
Listing VS Median (in L1H 1A6)
Price:
$1,399,900
low | high
Med:
$699,960
99.999285663262% of Average
SqFt:
2,801
low | high
Med:
2,389
64.709032488397% of Average
$ / SqFt:
$500
low | high
Med:
$250
99.998987932623% of Average
On Site:
40
low | high
Med:
86.500000
46.242774566474% of Average
Sourced by Back At You
Listing Updated: January 7, 2025 at 7:51:55 PM PST