300 King St S
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300 King St S
26,845 SF 100% Leased Office Building Whitby, ON L1N 4Z4 For Sale
Investment Highlights
- Modern, Updated Office Spaces
- Open Parking Stall Layout
- High Accessibility and Amenities
- Multi-Tenanted Prime Investment
Executive Summary
Strategically located in the heart of Whitby, this property offers superior accessibility and visibility, making it highly attractive to a diverse range of tenants. The building currently houses multiple tenants, including reputable businesses such as 360insights, providing a stable and diversified income stream, reducing the risk associated with single-tenant properties, and ensuring continuous rental income. Whitby is experiencing significant growth in both residential and commercial sectors, contributing to the long-term appreciation and demand for commercial real estate in the area. The property features modern facilities, ample parking, and easy access to major highways and public transportation, making it an ideal location for businesses.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
26,845 SF
Building Class
B
Year Built/Renovated
1923/1987
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
13,423 SF
Building FAR
0.34
Land Acres
1.81 AC
Zoning
I - Small Office building (generally single tenant or owner occupied under 7,500 s.f.)
Parking
126 Spaces (4.69 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Route
- Controlled Access
- Wheelchair Accessible
- Kitchen
- Natural Light
- Air Conditioning
- Fiber Optic Internet
Walk Score ®
Walker's Paradise (95)
DEMOGRAPHICS
Demographics
1 KM
3 KM
5 KM
2023 Population
8,361
52,362
120,733
2023 Households
3,815
20,383
41,583
Median Household Income
$62,673
$83,973
$95,058
Daytime Employees
4,409
19,351
35,673
Total Businesses
591
1,616
2,509
College Degree + Higher
22%
27%
29%
$ values in CAD
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300 King St S
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