174 West Street S, Orillia, ON, L3V 6L4 - commercial for sale | Listing ID 40615257

174 WEST Street S, Orillia, Ontario, L3V 6L4 Map Image

Commercial For Sale In Orillia, Ontario

$9,450,000

Property Information:

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:27)

Building Features:

Style: Office
Basement Type: Full
Exterior Finish:

Property Features:

OwnershipType: Freehold
Property Type: Office
Amenities Nearby: Public Transit
Communication Type: High Speed Internet
Community Features: High Traffic Area
Features: Elevator, Crushed stone driveway
Lot Depth: 369.0 Feet
Lot Frontage: 334.0 Feet
Utility Type: Natural Gas - Available, Telephone - Available, Hydro - Available
Zoning: C4i (H1)
Sewer: Municipal sewage system
No. of Parking Spaces: 160

Courtesy of: Maven Commercial Real Estate Brokerage

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