51B King Street East, Oshawa (Central) - Business for Sale
51B King Street East, Oshawa (Central), Ontario, L1H1B4
This business in Oshawa is for sale offering roughly 2,700 sq ft of space.
Description
Well-established restaurant and banquet hall business for sale in the heart of Oshawa at 51B King St E. This turnkey opportunity offers a great combination of restaurant operations and a spacious banquet/event area with a capacity of approximately 100 guests, making it ideal for birthday parties, private celebrations, family gatherings, corporate events, and other special occasions. The business has been successfully operating with a strong clientele, good income, and an established presence in the local community. It is also set up on major delivery platforms including DoorDash, Uber Eats, and SkipTheDishes, providing additional revenue and customer exposure. With its central Oshawa location, established customer base, proven operation, and multiple income opportunities, this is an excellent opportunity for an entrepreneur or investor looking to take over a well-established and income-generating restaurant and event business. Serious inquiries only; further business and financial details are available to qualified buyers. (id:66096)
Property Details
- MLS®
- E13709682
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Cbd- A Cebtral Business
- Interior Size
- 2,700 ft²
- Frontage
- 40 ft
- Building Area
- 2,700 ft²
- Heating
- Radiator
- Cooling
- Fully air conditioned
- Listed
- 71 days ago
Features
- Appliances
- Dishwasher, Range, Microwave, Freezer
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 71 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Oshawa (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1H)
This home lists at $79,999, about 1.1× the local median household income of $73,500.
Carrying it typically needs a household income of about $15,627 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $73,500
- Population
- 32,298
- Median age
- 41.2
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA L1H)
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$79,999
Oshawa