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:51158)
MLS® Number | E8417264 |
Property Type | Industrial |
Community Name | Vanier |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 1 Ac |
Utility Water | Municipal Water |
Acreage | No |
Size Depth | 300 Ft ,2 In |
Size Frontage | 105 Ft ,10 In |
Size Irregular | 105.84 X 300.2 Ft ; Irregular |
Size Total Text | 105.84 X 300.2 Ft ; Irregular |
Zoning Description | R3-a/r5-a, Psc-a |
https://www.realtor.ca/real-estate/27010769/349-king-street-w-oshawa-vanier-vanier
Get More info About:349 King Street W Oshawa (Vanier), Mls# E8417264