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174 West Street S Orillia, Ontario L3V 6L4

49322 sqft
Acreage

$9,450,000

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:49269)

Property Details

MLS® Number 40615257
Property Type Office
AmenitiesNearBy Public Transit
CommunicationType High Speed Internet
CommunityFeatures High Traffic Area
Features Elevator, Crushed Stone Driveway
ParkingSpaceTotal 160

Building

BasementType Full
ExteriorFinish Brick Veneer
StoriesTotal 3
SizeExterior 49322.0000
SizeInterior 49322 Sqft
UtilityWater Municipal Water

Land

Acreage Yes
LandAmenities Public Transit
Sewer Municipal Sewage System
SizeDepth 369 Ft
SizeFrontage 334 Ft
SizeIrregular 2.77
SizeTotal 2.77 Ac|2 - 4.99 Acres
SizeTotalText 2.77 Ac|2 - 4.99 Acres
ZoningDescription C4i (h1)

Utilities

Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/27150912/174-west-street-s-orillia

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