349 King Street West, Oshawa | Image 1

349 King Street West

Oshawa, Vanier

  • Commercial

$3,500,000
For Sale

Added 6 months ago

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  • Type: Land

  • Property Type: Commercial

  • Zoning: R3-A/R5-A, PSC-A

  • Age: No Data

  • Taxes: 28750.79

  • MLS®#: E8417264

  • Days on Site: 181 Days

  • Added: Jun 06, 2024 (6 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE FRANK REAL ESTATE

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

Property

  • Status: Sale

  • Property Type: Land

  • Property Type: Designated

  • Area: Oshawa

  • Community: Vanier

  • Availability Date: TBA

Utilities

  • Utilities: Yes

Building

  • Water Supply: Municipal

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 43 PL 178 EAST WHITBY AS IN D544179; OSHAWA

  • Taxes: $28,751

  • Taxes Type: Annual

Land

  • Cross Street: Grenfell / King St W

  • Municipality District: Oshawa

  • Parcel Number: 163560231

  • Sewer: San+Storm

  • Lot Depth: 300.2 Feet

  • Lot Frontage: 105.84 Feet

  • Lot Irregularities: Irregular

  • Zoning: R3-A/R5-A, PSC-A

Commercial Specific

  • Total Area: 0.85

  • Total Area Metric: Acres

  • Lot Code: Lot

Map of 349 King Street West, Oshawa
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