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$ 1,399,900
Est. payment | /mo
2,801 SqFt
$ 1,399,900
Est. payment | /mo
2,801 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,801 sqft
Price per Sqft $499
MLS Listing ID E11883304
Annual Tax Amount $10,800
Tax Year 2023
Property Description
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.
Location
State ON
County Durham
Community O'Neill
Area Durham
Region O'Neill
City Region O'Neill
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Others
Security Features No
Listed by FIRST CLASS REALTY INC.
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