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100 Colborne St
Orillia, ON L3V 2Y9
Orillia Professional Arts Building · Office Property For Sale


EXECUTIVE SUMMARY
23,477 SF professional and medical building located beside Soldier’s Memorial Hospital in growing and thriving sunshine city of Orillia! Having undergone significant renovations in the last five years, this property has been stabilized with a mix type of true basic employment, between health care and financial service industries. A current vacancy of 6,834 SF on the 3rd floor provides the opportunity for a business to purchase this property and move right in. Invest here to expose your real estate portfolio to better profit margins and upside potential!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
23,477 SF
Building Class
B
Year Built
1982
Price
$3,840,820 USD
Price Per SF
$163.60 USD
Percent Leased
68%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,869 SF
Slab To Slab
9’
Building FAR
0.74
Lot Size
0.73 AC
Zoning
HC2 - Health Care Zone
Parking
76 Spaces (3.24 Spaces per 1,000 SF Leased)
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