Exceptional investment opportunity to own a commercial free-standing building in downtown Oshawa, featuring a well-known and established restaurant on the main floor and a 3-bedroom apartment on the second floor. This property is strategically located next to a major high-rise condo development plan approved by the City, with neighbouring properties, including this one, poised for future high-rise development potential. Join this multi-million-dollar redevelopment opportunity while earning rental income from the restaurant and apartment. Adding to its appeal, signage on the roof generate an additional $6,000 in annual revenue, further enhancing the property earning potential. Additionally, the restaurant business is available for sale by the owner. For more details, please contact the Listing Agent. (id:56069)
| MLS® Number | E11883304 |
| Property Type | Retail |
| Neigbourhood | O'Neill |
| Community Name | O'Neill |
| Amenities Near By | Public Transit, Recreation |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2,801 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/27716840/84-king-street-w-oshawa-oneill-oneill
Contact us for more information
Muhammad Raffay
Salesperson
(905) 604-1010
(905) 604-1111
www.firstclassrealty.ca/
Muneer Baig
Salesperson
(905) 604-1010
(905) 604-1111
www.firstclassrealty.ca/
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