Business For Sale · Office

193 KING STREET E, Oshawa (Central)

193 KING STREET E, Oshawa (Central), ON L1H1C2

$2.0M total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

92%

Lot Size

0.21 ac

About this property

Stunning commercial office building with absolutely no expense spared! Built in 2014, this exceptional 6,174 sq ft building spans 3 floors and was thoughtfully designed to operate as a single unit, or up to three separate units all connected by a common access point. Each floor is fully equipped with its own furnace, A/C unit, and hydro panel, offering exceptional flexibility for owners or investors. Situated on a high-visibility corner lot along a busy four-lane roadway. This building offers outstanding exposure for any business. Additional features include 19 parking spaces, 6 bathrooms, and a modern, professional layout with high-quality finishes throughout - suitable for a wide variety of uses. This is truly a building you will be proud to own. Its quality, design, and condition must be seen to be fully appreciated! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.00M
Down payment30% · $599K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$9K

Projected NOI

$113K

Annual cash flow

$2K

Cash-on-cash

0.38%

DSCR

1.02

Going-in cap

5.66%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

83,178

Households

29,269

Median income

$115,000

Median age

32.9

Daytime population

82,092

5-yr growth

4.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 193 KING STREET E, Oshawa (Central).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.