Added 6 days ago
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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: PSC-A
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Age: No Data
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Taxes: 59469.42
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MLS®#: E11984839
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Added: Feb 24, 2025 (6 days ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Rare opportunity to own a well-cared-for, income-producing property in a prime, high-traffic location, ideal for investors seeking a diverse and stable income stream with potential for future growth. This fully leased commercial property offers a rare mixed-use investment opportunity in a high-traffic area with excellent exposure. The property includes two distinct buildings: a free-standing industrial building with two units, each featuring two drive-in bays, and a retail strip plaza with four fully leased units. Located near a busy intersection and just minutes from Durham College and Ontario Tech University, the property benefits from high foot traffic and great visibility. It is also close to the new RioCan shopping plaza and expanding residential developments, ensuring continued demand from both retail and industrial tenants.The industrial building has undergone modern upgrades, including new overhead garage doors, updated heating and air conditioning systems, and a new roof, all of which contribute to its long-term reliability and minimal maintenance costs. Ample parking is available for both retail and industrial tenants, supporting smooth operations for all users. As a turnkey investment, all units are fully leased with tenants in place, providing an immediate return on investment with a hassle-free transition. Additionally, the property is in the early stages of a severance application for the retail and industrial buildings, offering potential for future development opportunities.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: Oshawa
Community: Centennial
Availability Date: TBA
Inside
Air Conditioning: Part
Utilities
Utilities: Available
Building
Basement: N
Heat Type: Gas Forced Air Open
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Physically Handicapped-Equipped: N
Parking
Garage Type: In/Out
Fees
Tax Year: 2024
Taxes: $59,469
Taxes Type: Annual
Land
Cross Street: Simcoe St N & Taunto
Municipality District: Oshawa
Lot Depth: 136.92 Feet
Lot Frontage: 299.26 Feet
Lot Irregularities: Irregular Lot
Zoning: PSC-A
Additional Media
- Virtual Tour: https://www.winsold.com/tour/388102
Shipping Doors
Drive Height (ft): 14
Drive Width (ft): 12
Double Man Height (ft): 12
Double Man Width (ft): 10
Grade Level Height (ft): 16
Grade Level Width (ft): 12
Commercial Specific
Shipping Doors Drive In Level: 2
Shipping Doors Grade Level: 1
Shipping Doors Double Man: 1
Retail Area: 6340
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 16040
Total Area Metric: Sq Ft
Industrial Area Size: 9700
Industrial Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Franchise: N
Tangible Property Included: N
Lot Code: Lot
Financial Statement: Y
Father Joseph Venini Catholic School
Elementary: CatholicBeau Valley Public School
Elementary: PublicSunset Heights Public School
Elementary: PublicQueen Elizabeth Public School
Elementary: PublicDr S J Phillips Public School
Elementary: PublicSherwood Public School
Elementary: PublicFather Donald MacLellan Catholic Sec Sch Catholic School
Secondary: CatholicDurham Alternative Secondary School
Secondary: PublicMonsignor Paul Dwyer Catholic High School
Secondary: CatholicR S Mclaughlin Collegiate and Vocational Institute
Secondary: PublicO'Neill Collegiate and Vocational Institute
Secondary: PublicMaxwell Heights Secondary School
Secondary: Public
