Land For Sale - 349 King St, Oshawa, Ontario L1J 2J8

location_on 349 King St, Oshawa

Land

349 King St

Oshawa, Ontario L1J 2J8

$3,500,000

For Sale

Property Information

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

Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : E8417264
Price : $3,500,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 165
Address
Postal Code : L1J 2J8
City : Oshawa
Street : King
Street Number : 349
Street Suffix : St
Floor Number : 0
Longitude : W79° 7' 25.7''
Latitude : N43° 53' 38.9''
Brokerage
Office Name : ROYAL LEPAGE FRANK REAL ESTATE
Extra Information
address/street_dir_suffix : W
Area : Durham
living_area : 0
living_area_unit : Sqft
Community : Vanier
Lease : Sale
Street Direction : W
Tax Year : 2023

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349 King St Oshawa, Ontario L1J 2J8