An exceptional opportunity in the heart of Oshawa! This prime mixed-use property at 78 Simcoe St N features a spacious commercial/retail unit on the main floor with an open layout-perfect for retail, office, service, or hospitality uses-and a full basement providing valuable storage and operational space. Located within Oshawa's Economic Expansion Plan area, the property qualifies for city improvement grants and incentives, offering added value for investors or business owners planning renovations. With no tenants currently on site, there's no need for evictions, allowing for immediate upgrades or redevelopment. The upper level includes three one-bedroom apartments, ideal for generating steady rental income or creating student housing in this high-traffic, visible location. Offering strong income potential and flexibility, this property is a standout investment in Oshawa's growing market. (id:51158)
| MLS® Number | E12413552 |
| Property Type | Retail |
| Community Name | O'Neill |
| Amenities Near By | Highway, Public Transit |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 2450 Sqft |
| Size Interior | 2,450 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Size Depth | 70 Ft ,4 In |
| Size Frontage | 19 Ft |
| Size Irregular | Bldg=19 X 70.35 Ft |
| Size Total Text | Bldg=19 X 70.35 Ft |
| Zoning Description | Commercial/retail |
https://www.realtor.ca/real-estate/28884249/78-simcoe-street-n-oshawa-oneill-oneill
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