Orillia
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- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- S9030199
- Bus Major:
- Professional Office
- Photos (31)
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Prime Office Building Investment in Orillia. Distinguished by its superior maintenance, strategic location, and strong investment potential, the building's strengths are: PEAK MAINTENANCE: Benefit from a property that's in excellent condition, with all capital improvements completed and up-to-date, ensuring a hassle-free investment. SOLID RETURNS: With 100% Occupancy, enjoy a 7.6% cap rate offering immediate cash flow. IDEAL LOCATION: Positioned directly across from the Orillia Recreation Centre and near amenities, this building is one of Orillia's most desirable office locations. GROWTH POTENTIAL: Located in an intensification node, anticipate capital appreciation with the city's forthcoming gentrification. Abutting 19.69 acre land also available as portfolio sale, along with another 23,477sf Orillia office building.
- West St. S and Queen St
- 586710121
- Property Type:
- Commercial
- Commercial Type:
- Office
- Depth:
- 369'112 m
- Frontage:
- 334'102 m
- Total Area:
- 1.13 acre(s)0.46 hectare(s)
- Office/Apt Area:
- 1.06 acre(s)0.43 hectare(s)
- Industrial Area:
- 3,100 sq. ft.288 m2
- Bathrooms:
- 26.0
- Zoning:
- C4
- Heating type:
- Gas Forced Air Open
- Basement:
- Full
- Garage:
- Outside/Surface
- Total Parking Spaces:
- 160
- Possession Details:
- Flexible
- Taxes:
- $83,398.67 / 2023
- Assessment:
- $50,600.00 / 2024
- Utilities:
- Y
- Water supply:
- Municipal
- Sewer:
- Sanitary
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- Yes
- Air Conditioning:
- Y
- Number of Drive-In Level Shipping Doors:
- 0
- Crane:
- No
- Clear Height:
- 8'6"2.59 m
- Log/Bldg/Unit Code:
- Lot
- Outside Storage:
- No
- Rail:
- No
- Sprinkler system:
- No
- Survey Available:
- No
- Type Taxes:
- Annual
- Category:
- Office
- Major Business Type:
- Professional Office
- Freestanding:
- Yes
- Date Listed:
- Jul 10, 2024
- Original Price:
- $9,450,000
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Listed by MAVEN COMMERCIAL REAL ESTATE
Data was last updated November 13, 2024 at 11:55 PM (UTC)
- KAREN BERENDS
- Pine Tree Real Estate Brokerage Inc.
- (705) 985-6202
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.