285 MEMORIAL Avenue Orillia, ON$3,900,000

#40193776

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About the Property

COMMERCIAL OPPORTUNITY IN THE FAST GROWING CITY OF ORILLIA - THIS LANDMARK PROPERTY IS SITUATED ON A PRIME 1.25 ACRE CORNER LOT ON THE GOLDEN MILE ALONG WITH OPP GENERAL HEADQUARTERS, GEORGIAN COLLEGE, HOTELS, CAR DEALERSHIPS, NATIONAL FRANCHISES SUCH STARBUCKS, MCDONALDS, TIM HORTONS AND MEDICAL FACILITIES - FAVOURABLE C4i COMMERCIAL MIXED USE INTENSIFICATION ZONING WITH SEVERAL PERMITTED USES INCLUDING BUT NOT LIMITED TO BUILDING SUPPLY OUTLETS, PROFESSIONAL OFFICES, FINANCIAL INSTITUTIONS, MEDICAL CLINICS, MOTEL, RESTAURANTS, MULTI APARTMENT DWELLINGS AND TOWNHOUSES - THE EXISTING 16000 SQ FT BUILDING IS CURRENTLY USED AS AN UPDATED 18 LANE BOWLING ALLEY THAT MAY BE CONTINUED AS WELL - RECENT IMPROVEMENTS INCLUDE AN UPDATED MEMBRANE ROOF WITH INSULATION, NATURAL GAS FURNACE, RANGE HOODS WITH FIRE SUPPRESSION AND FLOORING - CLOSE PROXIMITY WITH EASY ACCESS TO HIGHWAY #12 AND THE HIGHWAY #11 CORRIDOR (id:32937)

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Listing Agent

Kevin Storey

Salesperson

(705) 721-9182

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Key Information

City: Orillia

Lot Size: 1.25 ac|1/2 - 1.99 acres

Build Year: 1959

Property

Property Type

Other

Ownership Type

Freehold

Land Size

1.25 ac|1/2 - 1.99 acres

Land Depth

287 ft

Community Features

High Traffic Area

Features

Corner Site, Paved driveway

Location

MEMORIAL AVENUE BETWEEN JAMES STREET & HWY 12

Building

Basement Type

None

Storeys

1

Exterior Finish

Brick, Concrete

Heating Type

Forced air

Cooling Type

Central air conditioning

Appliances Included

Water meter

Measurements

Additional Info

Listing Contract Date

2022-01-08

Zoning Description

C4i

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