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188 Park Rd S 11,500 sq ft Industrial Property Oshawa, ON L1J 4H2 £1,725,036 (£150.00/sq ft)

188 Park Rd S, Oshawa, ON L1J 4H2

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INVESTMENT HIGHLIGHTS

  • Ample parking, fully fenced and gated paved with two road frontages
  • Access to Public transit and highway close to Oshawa shopping center.
  • Ridiculously good Opportunity
  • Lots of Natural Light...plus extra 500sf basement
  • Quality tenants with excellent income potential plus 225k annually...OR CAN VACATE IN 6 MONTHS

EXECUTIVE SUMMARY

11.400 sq. ft. industrial building PLUS 5000sf bounus storage area storage basement on 1.58 acres at Park Road S. in Oshawa. AUTOMOTIVE Legal non-conforming use situated on high density R5-B apartment building zoning. Excellent for end-user or as redevelopment site! Existing zoning can allow for 4-5 storey apartment building & Approx. 55 units or continue use for automotive industrial uses instead!
Dual frontage and ideal symmetrical space 1.5 acres - may be ideal for townhouses! Full Municipal services! occupied + generating 138K per year presently !!!with strong upside Potential .to increase to 225k per year .....collect income while in planning stages !!! OR CONTINUE AUTO SERVIES ...This is a DROP DEAD VALUE ...

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER sq ft
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per sq ft $9.99
Other Income
Annual -
Annual Per sq ft -
Vacancy Loss
Annual -
Annual Per sq ft -
Effective Gross Income
Annual $99,999
Annual Per sq ft $9.99
Net Operating Income
Annual -
Annual Per sq ft -

PROPERTY FACTS

Price £1,725,036 Net Internal Area (NIA) 11,500 sq ft
Price per sq ft £150.00 No. Floors 1
Sale Type Investment Year Built 1956
Property Type Industrial Tenancy Single
Property Subtype
Service
  • Vehicle Repair Garage
  • Lorry Park
 Parking Allocation 6.96/1,000 sq ft
Costar Property Class C Eaves Height 13 ft
Total Plot Size 1.50 ac No. Drive In / Grade-Level Doors 3
Use Class R5-B - Legal Non Confirming Industrial..GRANFATHERED AUTO REPAIRS...with R5B zone for apartment mid density redevelopment bonus
Price £1,725,036
Price per sq ft £150.00
Sale Type Investment
Property Type Industrial
Property Subtype
Service
  • Vehicle Repair Garage
  • Lorry Park
Costar Property Class C
Total Plot Size 1.50 ac
Net Internal Area (NIA) 11,500 sq ft
No. Floors 1
Year Built 1956
Tenancy Single
Parking Allocation 6.96/1,000 sq ft
Eaves Height 13 ft
No. Drive In / Grade-Level Doors 3
Use Class R5-B - Legal Non Confirming Industrial..GRANFATHERED AUTO REPAIRS...with R5B zone for apartment mid density redevelopment bonus

AMENITIES

  • Fenced Lot
  • Floor Drains
  • Security System
  • Signage
  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
1 1
Walk Score®
Easily Walkable (78)
Bike Score®
Good for cycling (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
Learn How It Works Detailed Scores
(289) 512-0720

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Contact the agents for more information about this property

CONTACTS

  • Listing ID: 34590705

  • Date on Market: 24/01/2025

  • Last Updated:

  • Address: 188 Park Rd S, Oshawa, ON L1J 4H2

The Oshawa South/Central Industrial Property at 188 Park Rd S, Oshawa, ON L1J 4H2 is currently available. Contact Royal LePage Frank Real Estate for more information.

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188 Park Rd S
(289) 512-0720 x

188 Park Rd S

Brian Shewchuk
(289) 512-0720

John Shewchuk
(289) 512-0720

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