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174 West St 49,322 SF 100% Leased Office Building Orillia, ON L3V 6L4 $6,911,785 USD ($140.14 USD/SF) 7.60% Cap Rate
Investment Highlights
- Ideal Location
- Lots of Nearby Amenities
- Superior Maintenance
Executive Summary
Seize the opportunity to own a top-tier office building in Orillia, distinguished by its superior maintenance, strategic location, and strong investment potential.
1. 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.
2. Solid Returns: With 100% Occupancy, enjoy a 7.6% cap rate offering immediate cash flow.
3. Ideal Location: Positioned directly across from the Orillia Recreation Centre and near amenities, this building is one of Orillia's most desirable office locations.
4. Growth Potential: Located in an intensification node, anticipate capital appreciation with the city's forthcoming gentrification.
5. Additional 19.48 acres available with land assembly.
1. 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.
2. Solid Returns: With 100% Occupancy, enjoy a 7.6% cap rate offering immediate cash flow.
3. Ideal Location: Positioned directly across from the Orillia Recreation Centre and near amenities, this building is one of Orillia's most desirable office locations.
4. Growth Potential: Located in an intensification node, anticipate capital appreciation with the city's forthcoming gentrification.
5. Additional 19.48 acres available with land assembly.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
49,322 SF
Building Class
C
Year Built
1953
Price
$6,911,785 USD
Price Per SF
$140.14 USD
Cap Rate
7.60%
NOI
$525,296 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
49,322 SF
Zoning
C4 - Commercial
1 1
Walk Score®
Very Walkable (84)
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174 West St
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