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$9,450,000
Status: For Sale
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 Type | :Commercial |
MLS Number | :S9030199 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :18 Jul, 2024 (51 Days ago) |
Source | :TRREB |
Area | :Simcoe |
Postal Code | : L3V 6L4 |
Price | :$9,450,000 |
Property Taxes | :$83398.67 |
Tax Year | :2023 |
Cross Street | :West St. S and Queen St |
Virtual Tour | :Virtual Tour (External Link) |
09 Jul, 2024
TREB #S9030199
Available
$9450000.0