174 West Street South, Orillia | Image 1

174 West Street South

Orillia, Orillia

  • Commercial

$X,XXX,XXX
For Sale

Added 5 months ago

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  • Type: Office

  • Property Type: Commercial

  • Business Type: Professional Office

  • Zoning: C4

  • Age: No Data

  • Taxes: 83398.67

  • MLS®#: S9030199

  • Days on Site: 13 Days

  • Added: Jul 05, 2024 (5 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: MAVEN COMMERCIAL REAL ESTATE

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.

Property

  • Status: Sale

  • Type: Professional Office

  • Property Type: Office

  • Property Type: Office

  • Area: Orillia

  • Community: Orillia

  • Availability Date: Flexible

  • Assessment Amount: $50,600

  • Assessment Year: 2024

Inside

  • Bathrooms: 26

  • Air Conditioning: Y

  • Washrooms: 26

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: Public

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: Y

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 160

Fees

  • Tax Year: 2023

  • Tax Legal Description: see BROKERAGE REMARKS

  • Taxes: $83,399

  • Taxes Type: Annual

Land

  • Cross Street: West St. S and Queen

  • Municipality District: Orillia

  • Parcel Number: 586710121

  • Sewer: Sanitary

  • Lot Depth: 369 Feet

  • Lot Frontage: 334 Feet

  • Zoning: C4

Additional Media

  • Virtual Tour: https://www.youtube.com/watch?v=z539k8yCkhI&feature=youtu.be

Shipping Doors

  • Clearing Height (ft): 8

  • Clearing Height (in): 6

Commercial Specific

  • Rail: N

  • Sprinklers: N

  • Total Area: 49322

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 3100

  • Industrial Area Metric: Sq Ft

  • Office Size: 46222

  • Office Size Metric: Sq Ft Divisible

  • Crane: N

  • Lot Code: Lot

  • Survey: N

See 3D Tour of 174 West Street South, Orillia
Video Tour
Map of 174 West Street South, Orillia
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