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:51004)
MLS® Number | 40615257 |
Property Type | Office |
Amenities Near By | Public Transit |
Communication Type | High Speed Internet |
Community Features | High Traffic Area |
Features | Elevator, Crushed Stone Driveway |
Parking Space Total | 160 |
Basement Type | Full |
Exterior Finish | Brick Veneer |
Stories Total | 3 |
Size Exterior | 49322.0000 |
Size Interior | 49322 Sqft |
Utility Water | Municipal Water |
Acreage | Yes |
Land Amenities | Public Transit |
Sewer | Municipal Sewage System |
Size Depth | 369 Ft |
Size Frontage | 334 Ft |
Size Irregular | 2.77 |
Size Total | 2.77 Ac|2 - 4.99 Acres |
Size Total Text | 2.77 Ac|2 - 4.99 Acres |
Zoning Description | C4i (h1) |
Electricity | Available |
Natural Gas | Available |
Telephone | Available |
https://www.realtor.ca/real-estate/27150912/174-west-street-s-orillia
(705) 728-9000
(705) 728-0014
www.mavencommercial.ca
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