349 King Street W Oshawa, Ontario L1J 2J8
$3,500,000
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:47351)
Property Details
| MLS® Number | E8417264 |
| Property Type | Industrial |
| Community Name | Vanier |
Building
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 0.85 Acres |
| Utility Water | Municipal Water |
Land
| 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
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March 27 2025 02:29:46
Central Lakes Association of REALTORS®
Royal LePage Frank Real Estate