10 Russett Ave - Service FOR SALE


Oshawa, ON L1G 3R5- Oshawa North
$4,900,000 CAD
905-470-9800
10 Russett Ave, Oshawa, ON for Sale
$4,900,000 CAD
Service - FOR SALE
1/3
null | Request Cap Rate

10 Russett Ave
Oshawa, ON L1G 3R5
Oshawa North


HIGHLIGHTS

  • High Exposure Area
  • Ample Parking
  • Heavy Commercialized Area

OVERVIEW

Rare opportunity to own a well-cared-for, income-producing property in a prime, high-traffic location, ideal for investors seeking a diverse and stable income stream with potential for future growth. This fully leased commercial property offers a rare mixed-use investment opportunity in a high-traffic area with excellent exposure. The property includes two distinct buildings: a free-standing industrial building with two units, each featuring two drive-in bays, and a retail strip plaza with four fully leased units. Located near a busy intersection and just minutes from Durham College and Ontario Tech University, the property benefits from high foot traffic and great visibility. It is also close to the new RioCan shopping plaza and expanding residential developments, ensuring continued demand from both retail and industrial tenants. The industrial building has undergone modern upgrades, including new overhead garage doors, updated heating and air conditioning systems, and a new roof, all of which contribute to its long-term reliability and minimal maintenance costs. Ample parking is available for both retail and industrial tenants, supporting smooth operations for all users. As a turnkey investment, all units are fully leased with tenants in place, providing an immediate return on investment with a hassle-free transition. Additionally, the property is in the early stages of a severance application for the retail and industrial buildings, offering potential for future development opportunities.

FOR SALE DETAILS

PRICE

$4,900,000 CAD

PRICE/SF

$305 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

30

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

PSC-A

APN/PARCEL ID

181306001703200

ASK ABOUT THIS PROPERTY

Kristofer GamboaRE/MAX Hallmark First Group Realty Ltd.More Info
905-470-9800

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Kristofer GamboaRE/MAX Hallmark First Group Realty Ltd.More Info
905-470-9800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.