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174 West Street S
Orillia Orillia L3V 6L4

$9,450,000 /For Sale
Commercial

Main Photo: 174 West Street S: Orillia Property for sale : MLS®# S9030199
Photo 1: 174 West Street S: Orillia Property for sale : MLS®# S9030199
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
S9030199
Bus Major:
Professional Office
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'
Frontage:
334'
Total Area:
1.13 acre(s)
Office/Apt Area:
1.06 acre(s)
Industrial Area:
3,100 sq. ft.
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"
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