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249-255 King St E 8,852 SF 100% Leased Retail Building Oshawa, ON L1H 1C5 $1,583,581 USD ($178.90 USD/SF)



Investment Highlights
- Corner location with 168 feet of King Street frontage
- On-site surface parking for 40 vehicles
- Two retail units and six residential apartments fully leased
- Downtown mixed-use zoning supports long-term viability
Executive Summary
Turnkey mixed-use investment opportunity ideally positioned on a prominent corner in downtown Oshawa. This fully tenanted asset combines high-exposure retail frontage with strong residential income. The property includes two ground-floor commercial units with 168 feet of frontage along King Street and six upper-level apartments comprised of one- and two-bedroom layouts.
With 8,852 square feet across three floors and downtown mixed-use zoning (D2), the building offers flexibility and sustainable demand in a growing urban corridor. On-site parking for 40 vehicles enhances convenience for tenants and visitors alike. Positioned close to transit routes, amenities, and within a walkable area, this property delivers long-term stability. Market-rate leases and a favorable tenant mix provide consistent cash flow for investors seeking a diversified income stream backed by location strength.
With 8,852 square feet across three floors and downtown mixed-use zoning (D2), the building offers flexibility and sustainable demand in a growing urban corridor. On-site parking for 40 vehicles enhances convenience for tenants and visitors alike. Positioned close to transit routes, amenities, and within a walkable area, this property delivers long-term stability. Market-rate leases and a favorable tenant mix provide consistent cash flow for investors seeking a diversified income stream backed by location strength.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,852 SF
Building Class
B
Year Built
1910
Price
$1,583,581 USD
Price Per SF
$178.90 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.56
Lot Size
0.13 AC
Zoning
D2 - Downtown mixed-use zoning
Parking
40 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 4
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249-255 King St E
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