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    For Sale - 20 King Street, Oshawa, Ontario

    Est payment $8,158/mo
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    Exceptional turnkey mixed-use investment opportunity! Total rental income combined may be $12000 or more! Rare chance to own a thriving restaurant business together with a fully renovatedincome-producing property in the heart of downtown oshawa. An ideal opportunity for investors, entrepreneurs, or owner-operators seekingmultiple streams of income. The main floor features the well-established lucky cho, a local landmark that has successfully operated for over 12years with a loyal customer base and strong, consistent revenue. This 2,500 sq. Ft. Restaurant offers an efficient layout, llbo licence for 96indoor seats plus 30 patio seats, and is renowned for its thriving dine-in and high-volume takeout business. The property is strategically locatednear ontario tech university, trent university durham gta, durham college, lakeridge health oshawa, hotels, the oshawa generals arena, andnumerous existing and upcoming residential developments, ensuring excellent exposure and steady customer traffic. The fully equippedcommercial kitchen includes a 20-foot exhaust hood, 5 refrigerators, 4 walk-in coolers/refrigeration units, and all equipment required forcontinued operation. The purchase includes all existing chattels, fixtures, trade name, menu, and operating rights, allowing for a seamlesstransition to new ownership. There is also a large basement offering additional storage or potential rental income. The upper level has beennewly renovated top to bottom and features three self-contained 2-bedroom suites, each with its own kitchen, full bathroom, and separate hydrometer. Modern finishes include contemporary cabinetry, quartz countertops, designer shower tile, laminate flooring, pot lights, brand-newappliances, and updated fixtures throughout. A shared laundry room is available for tenants. Each suite has the potential to generate approximately $2000 per month, providing a combined rental income of over $6000 monthly. Don't miss out this great business/investmentopportunity!
    Listing IDE13695432
    Address20 King Street
    CityOshawa, Ontario
    Price$1,699,000
    Bed / Bath6 / 5 Full
    Style2-Storey, Att/Row/Townhouse
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype Att/Row/TownhouseIndoor Features Carpet FreeOwnership FreeholdBasement FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Septic

    Parking 1.00
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    Listing Agency:  RE/MAX EXCEL REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    20 King Street
    Oshawa , Ontario
    6 5 $1,699,000
    Get more info