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188 Park Rd S 11,500 SF Industrial Building Oshawa, ON L1J 4H2 $2,330,874 USD ($202.68 USD/SF)
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 ...
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 (USD) | Annual Per SF (USD) |
|---|---|---|
| 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 (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Fenced Lot
- Floor Drains
- Security System
- Signage
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
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188 Park Rd S
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