174 WEST Street S, Orillia, Ontario

$9,450,000

49,322 Square Feet

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:56241)

Listing ID: 40615257
Property Type: Office

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Details

Amenities Nearby: Public Transit
Communication: High Speed Internet
Community Features: High Traffic Area
Features: Elevator, Crushed stone driveway
Ownership: Freehold
Parking Spaces: 160
Transaction: For sale
Zoning Description: C4i (H1)

Building

BasementType: Full
Exterior Finish: Brick Veneer
Fireplace Present: False
Size Exterior: 49322.0000
Size Interior: 49322 sqft
Stories Total: 3
Utility Water: Municipal water

Land

Acreage: true
Amenities: Public Transit
Sewer: Municipal sewage system
Size Frontage: 334 ft
Size Irregular: 2.77
Size Total: 2.77 ac|2 - 4.99 acres

Listing provided by Maven Commercial Real Estate Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 174 WEST Street S in Orillia Ontario. It was last modified on July 10th, 2024. Contact the Dave Dick Real Estate Team to schedule a viewing or to discover other Orillia real estate for sale.

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