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.
MLS# | E11883304 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 40 |
Listing Provided By | FIRST CLASS REALTY INC. | Not Provided |
SQ Feet | 2,801 |
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State | ON |
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County | Durham |
City | Oshawa |
Zip Code | L1H 1A6 |
Area | O'Neill |
Listing VS Median (in L1H 1A6) | |
Price: $1,399,900 low | high Med: $699,960 SqFt: 2,801 low | high Med: 2,389 $ / SqFt: $500 low | high Med: $250 On Site: 40 low | high Med: 86.500000 |