84 King Street, Oshawa, ON L1H 1A6

Oshawa L1H 1A6 Ontario

MLS: E11883304

$1,249,900

Added 39 days ago | For Sale

Listed by: FIRST CLASS REALTY INC.

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:King St West/ McMillian Drive
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $10800
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E11883304

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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