349 King Street West Oshawa, ON L1J 2J8
Listing Courtesy of:  CREA / Royal Lepage Frank Real Estate

  349 King Street West Oshawa, ON L1J 2J8

Active (6 Days)

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 (id:41440)

MLS®:
E8417264
Type
Land
County
Regional Municipality of Durham

Listed By

Chris T. Tyrovolas, Royal Lepage Frank Real Estate
Source
CREA
Last checked Jun 14 2024 at 4:25 AM GMT+0000
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 6/13/24 21:25