349 King Street W , Oshawa (Vanier), ON L1J2J8
Oshawa (Vanier), ON L1J2J8
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:13843)
Details
| MLS# | E8417264 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 316 |
| Listing Provided By | ROYAL LEPAGE FRANK REAL ESTATE | CHRIS T. TYROVOLAS |
Features
| Zoning | R3-A/R5-A, PSC-A |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| City | Oshawa (Vanier) |
| Postal Code | L1J2J8 |
| Listing VS Median (In L1J2J8) | |
Price: $3,500,000 low | high Med: $3,500,000 On site: 316 low | high Med: 316.000000 | |