About 349 King Street W
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
Features of 349 King Street W
| MLS® # | E8417264 |
|---|---|
| Price | $3,500,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | Active |
Community Information
| Address | 349 King Street W |
|---|---|
| Area | Durham |
| Subdivision | Vanier |
| City | Oshawa |
| Province | ON |
| Postal Code | L1J 2J8 |
Amenities
| Garages | Other |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Gas Forced Air Open |
|---|---|
| Cooling | No |
| Fireplace | No |
Listing Details
| Office | ROYAL LEPAGE FRANK REAL ESTATE |
|---|