ON > Oshawa
Oshawa, ON L1J 2J8,349 King ST W
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Oshawa, ON L1J 2J8,349 King ST W
Oshawa, ON L1J 2J8,349 King ST W
Oshawa, ON L1J 2J8,349 King ST W
Oshawa, ON L1J 2J8,349 King ST W
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 3,500,000
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349 King ST W Oshawa, ON L1J 2J8

UPDATED:

11/18/2024 09:13 PM

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID E8417264

Annual Tax Amount $28,750

Tax Year 2023

Property 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. Property is next to an assembly of 5 residential properties on 0.41 Acre at the Corner of Grenfell St. and Pine St. (344 Pine St.). Residential land assembly also for sale. 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

Location

Province ON

County Durham

Area Vanier

Exterior

Utilities Available Yes

Listed by ROYAL LEPAGE FRANK REAL ESTATE
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349 King ST W