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210 Memorial Ave 40,485 SF 100% Leased Retail Building Orillia, ON L3V 7V1 $7,984,395 USD ($197.22 USD/SF)
Investment Highlights
- Ample on site parking
- High volume frontage on Memorial Ave
Executive Summary
Prime Commercial Property with Land (C3 Zoning) on Memorial Ave in the Heart of Orillia. This high-visibility plaza is strategically located at the intersection of Trans-Canada Hwy and Memorial Ave, spanning 4.33 acres of uniquely shaped land. With flexible zoning that supports a wide range of uses, the site presents extensive development opportunities. The standalone commercial building offers approximately 40,485 sq ft of space, suitable for high-capacity operations. It is currently leased to several long-term AAA and medical tenants, making it an ideal investment for developers and investors seeking to benefit from the area's continued growth.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
40,485 SF
Building Class
C
Year Built
1990
Price
$7,984,395 USD
Price Per SF
$197.22 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
4.37 AC
Zoning
C4i - Commercial
Parking
100 Spaces (2.89 Spaces per 1,000 SF Leased)
Frontage
407’ on Memorial Ave
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 8
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210 Memorial Ave
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