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20 King Street E, Oshawa (Central), ON

Name: 20 King Street E, For Sale in Oshawa (Central) - eXp Realty
Brand: RE/MAX EXCEL REALTY LTD.
SKU: E13541454
Price: 1800000 CAD

House

For Sale

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000

MLS® E13541454

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size 5000 sqft

Garage

Taxes $12,237

Days Active 0

Lot Size

Approx. Age

Avg. Price Per Sqft $360

MLS® Number E13541454

Property Address: 20 King Street E, Oshawa (Central), ON, L1G4Y5

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Turnkey Mixed-Use Investment Opportunity! Rare chance to own a thriving restaurant business together with a fully renovated income-producing property in the heart of downtown Oshawa. An ideal opportunity for investors, entrepreneurs, or owner-operators seeking multiple streams of income. The main floor features the well-established Lucky Cho, a local landmark that has successfully operated for over 12 years with a loyal customer base and strong, consistent revenue. This 2, 500 sq. ft. restaurant offers an efficient layout, LLBO licence for 96 indoor seats plus 30 patio seats, and is renowned for its thriving dine-in and high-volume takeout business. The property is strategically located near Ontario Tech University, Trent University Durham GTA, Durham College, Lakeridge Health Oshawa, hotels, the Oshawa Generals arena, and numerous existing and upcoming residential developments, ensuring excellent exposure and steady customer traffic. The fully equipped commercial kitchen includes a 20-foot exhaust hood, 5 refrigerators, 4 walk-in coolers/refrigeration units, and all equipment required for continued operation. The purchase includes all existing chattels, fixtures, trade name, menu, and operating rights, allowing for a seamless transition to new ownership. There is also a large basement offering additional storage or potential rental income. The upper level has been newly renovated top to bottom and features three self-contained 2-bedroom suites, each with its own kitchen, full bathroom, and separate hydro meter. Modern finishes include contemporary cabinetry, quartz countertops, designer shower tile, laminate flooring, pot lights, brand-new appliances, and updated fixtures throughout. A shared laundry room is available for tenants. Each suite has the potential to generate approximately $1, 500 per month, providing a combined rental income of over $4, 500 monthly. DON'T MISS OUT this great business/investment opportunity! (id:58753)Show Description

MLS® NumberE13541454

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

HeatForced air, Natural gas

A/CFully air conditioned

Extras

Price History

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. eXp Realty holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.