$9,450,000 FOR SALE

Office

Lot: 334 x 369 ft

174 West Street S
Orillia, ON L3V 6L4

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:47423)

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Listed By Maven Commercial Real Estate Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40615257
Last Updated Jul 10, 2024
Property Summary
Property Type Office

More like this:
Subdivision South Ward
Price History
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Detailed Information
Lot 334 x 369 ft
Amenities Nearby Public Transit
Communication Type High Speed Internet
Community Features High Traffic Area
Features Elevator, Crushed stone driveway
Listing Contract Date 2024-07-06
Location Description Hwy 400 N, ON 11N, exit ON 12S, Left on West St S
Ownership Type Freehold
# of Parking Spaces 160
Property Type Office
Transaction Type For sale
Zoning Description C4i (H1)
Building
Basement Type Full
Exterior Finish Brick Veneer
Stories Total 3
Size (Exterior) 49322
Utility Water Municipal water
Utilities
Type Description
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size 2.77 acres
Acreage Yes
Amenities Public Transit
Sewer Municipal sewage system
Size of Irregular Land 2.77
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