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Home ON Greater Orillia Orillia
174 WEST Street S
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174 WEST Street S $9,450,000
$9,450,000
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174 WEST Street S
Orillia, Ontario L3V6L4

MLS® Number: 40615257

Listing Description

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. (67766169)

Location Description

Hwy 400 N, ON 11N, exit ON 12S, Left on West St S

Property Summary

Property Type
Office
Storeys
3
Subdivision Name
South Ward
Title
Freehold
Land Size
2.77 ac|2 - 4.99 acres
Annual Property Taxes
$83,398.67
Total Parking Spaces
160
Time on REALTOR.ca
265 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Elevator, Crushed stone driveway
Utilities
Utility Type
Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
160

Measurements

Square Footage
49322 sqft
Exterior Building Size
49322 sqft

Land

Lot Features
Frontage
334 ft
Land Depth
369 ft
Other Property Information
Zoning Description
C4i (H1)
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6
Stephanie Maye