174 WEST Street S - MLS® # 40615257

$9,450,000

Property Details


Living Area
49,322 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
2.77 ac|2 - 4.99 acres
Taxes
N/A
Type
Office
Style
N/A
Basement
Full
Year Built
N/A

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. (id:2469)

Features

Elevator, Crushed stone driveway

Amenities

Public Transit

Listing Provided By

Maven Commercial Real Estate Brokerage

Neighborhood Info

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CONTACT

  • Name:
    Lance Chilton
  • Phone:
    705-739-0058
  • Mobile:
    705-795-5167
  • Address
    • 152 Bayfield Street
    • Barrie, ON
    • L4M 1H2