174 West Street
Orillia, L3V 6L4
FOR SALE
$9,450,000

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Office
CATEGORY49,322 Sq Ft
TOTAL AREAS9030199
MLSIDContact Us
Property 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.
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Property Details
Address
174 West Street
Community
City
Postal Code
L3V 6L4
Property Type
Office, Office
Use
Office
Zoning
C4
Lot Size
334' x 369'
Total Area
49,322 Sq Ft
Office Area
46,222 Sq Ft
Industrial Area
3,100 Sq Ft
Taxes
$84,391 (2024
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
160
Garage Type
Outside/Surface
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Listing contracted with Maven Commercial Real Estate
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