174 West Street S , Orillia, ON L3V6L4
Orillia, ON L3V6L4
Description
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. (id:13843)
Details
| MLS# | 40615257 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 192 |
| Listing Provided By | Maven Commercial Real Estate Brokerage | Stephanie Maye |
Features
| SQ Feet | 49,322 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Zoning | C4i (H1) |
| Acreage | 2.77 |
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Learn More About This Property
| State | ON |
|---|---|
| City | Orillia |
| Zip Code | L3V6L4 |
| Community Name | South Ward |
| Listing VS Median (in South Ward) | |
Price: $9,450,000 low | high Med: $567,450 SqFt: 49,322 low | high Med: 1,785 $ / SqFt: $192 low | high Med: $318 On Site: 192 low | high Med: 23.500000 | |