647-943-4181
45 Richmond St W, Oshawa, ON for Sale
Freestanding - FOR SALE
1/11
null | Request Cap Rate

45 Richmond St W
Oshawa, ON L1G 1C9
Oshawa South/Central


HIGHLIGHTS

  • Approximately 5,212 square feet of main floor retail space along with an additional 5,000 square foot basement.
  • The asset is located on a highly visible 0.44-acre corner lot, delivering strong exposure along a high-traffic corridor in Oshawa.
  • Over $1 million has been invested in capital improvements, resulting in a well-maintained building with limited near-term capital expenditure.
  • The property is currently owner-occupied by a grocery store, offering immediate usability and operational stability.

OVERVIEW

CBRE is pleased to present 45 Richmond Street West, a compelling retail investment opportunity located in the heart of Oshawa. The property comprises approximately 5,212 square feet of main floor retail space, complemented by an additional 5,000 square feet of basement area, offering exceptional flexibility for retail operations, storage, or future expansion. Situated on a prominent 0.44-acre corner lot at the intersection of Bond Street West and Centre Street North, the asset benefits from strong exposure along a high-traffic corridor in a growing urban node. The property is currently owner-occupied by a grocery store and includes 28 surface parking spaces, providing convenient access for customers and staff. The building has undergone significant capital improvements, with over $1 million invested into renovations, resulting in a well-maintained asset with minimal near-term capital requirements. Zoned UGC-A (Urban Growth Centre), the property permits high-density mixed-use development with a maximum density of 1,000 units per hectare, providing investors with strong long-term redevelopment and intensification potential. Strategically positioned in a rapidly evolving area with strong population growth and nearby development activity, 45 Richmond Street West presents a rare opportunity to acquire a high-exposure retail asset with both stable occupancy characteristics and significant upside potential.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

UGC-A

APN/PARCEL ID

181301000608700

ASK ABOUT THIS PROPERTY

Zean WangCBREMore Info
647-943-4181

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Zean WangCBREMore Info
647-943-4181

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