174 West Street S Orillia, Ontario L3V 6L4
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Stephanie Maye
Broker of Record
19 Poyntz Street, Suite 100
Barrie, Ontario L4M 3N8
$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:58576)
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
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 10 2024 11:13:51
Barrie & District Association of REALTORS® Inc.
Maven Commercial Real Estate Brokerage
Why Sell With Dharm Gill?
Selling your home with Dharm Gill means leveraging expert market knowledge, personalized marketing strategies, and dedicated support to ensure you get the best value. Dharm Gill’s commitment to excellence and client-focused approach guarantees a seamless and successful selling experience.
