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188 Park Rd S 11,500 SF Industrial Building Oshawa, ON L1J 4H2 $3,175,000 CAD ($276.09 CAD/SF)

Commercial Buildings Ontario Oshawa 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 (CAD) Annual Per SF (CAD)
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 (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $3,175,000 CAD Rentable Building Area 11,500 SF
Price Per SF $276.09 CAD No. Stories 1
Sale Type Investment Year Built 1956
Property Type Industrial Tenancy Single
Property Subtype
Service
  • General Retail Auto Repair
  • General Retail TruckStop
 Parking Ratio 6.96/1,000 SF
Building Class C Clear Ceiling Height 13’
Lot Size 1.50 AC No. Drive In / Grade-Level Doors 3
Zoning R5-B - Legal Non Confirming Industrial..GRANFATHERED AUTO REPAIRS...with R5B zone for apartment mid density redevelopment bonus
Price $3,175,000 CAD
Price Per SF $276.09 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • General Retail TruckStop
Building Class C
Lot Size 1.50 AC
Rentable Building Area 11,500 SF
No. Stories 1
Year Built 1956
Tenancy Single
Parking Ratio 6.96/1,000 SF
Clear Ceiling Height 13’
No. Drive In / Grade-Level Doors 3
Zoning 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®
Very Walkable (78)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(289) 512-0720

Still interested?

Contact the brokers for more information about this property

Contacts

  • Listing ID: 34590705

  • Date on Market: 2025-01-24

  • 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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