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247 Simcoe St N 16,200 SF 100% Leased Office Building Oshawa, ON L1G 4T3 $7,295,000 CAD ($450.31 CAD/SF)
INVESTMENT HIGHLIGHTS
- User/occupier opportunity with ability to occupy 4,600 SF of clinic space on ground floor
- Excellent exposure and visibility to daytime population as the property sits on a corner lot and the intersection sees 40,000+ vehicles per day
- Freestanding community medical office comprised of 16,200 SF, situated along Simcoe Street North in Oshawa
- Area tenants/amenities include: Lakeridge Health Oshawa Hospital, Costco, BMO, Parks, YMCA
EXECUTIVE SUMMARY
The Subject Property features an opportunity for a user to occupy a 4,600 SF turnkey medical clinic on the ground floor and benefit from income producing tenancies. The building is a multi-tenant, three-storey medical office that is exceptionally located along Simcoe Street North intersecting at Adelaide Avenue East, one of the major corridors, that links Hwy 407 to the Downtown Urban Growth Area and stands directly across the street from Lakeridge Health Oshawa Hospital.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
16,200 SF
Building Class
C
Year Built
1972
Price
$7,295,000 CAD
Price Per SF
$450.31 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,400 SF
Slab To Slab
12’
Building FAR
0.86
Lot Size
0.43 AC
Zoning
R6-C/SO-A - Residential/Specialized Office
Parking
76 Spaces (5.35 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (83)
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247 Simcoe St N
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