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$580,000
Available - For Sale
Listing ID: S13026964
Rare opportunity to acquire a freestanding 4,000 sq ft commercial building on a 50 x 190 ft lot (approx. 0.36 acres) along the high-exposure Atherley Road / Highway 12 corridor - one of Orillia's primary entry routes toward Lake Couchiching and downtown. The property is zoned C4i (mixed commercial/residential), offering a wide range of permitted uses including commercial operations, residential intensification, and potential multi-residential conversion subject to municipal approvals. The site features two grade-level access doors, rear yard access, approximately 3-metre ceiling height, and full municipal services including hydro, gas, and wastewater. Currently tenanted at $3,000/month + HST on a month-to-month basis, providing immediate holding income while an investor plans their next move. The building has operated as a commercial retail space for over 50 years, most recently as Orillia Carpet Discounters. A clean Phase I Environmental Site Assessment (June 2022) confirms no contamination, no fuel tanks, no hazardous materials, and no Phase II required - significantly reducing risk for investors and lenders. Ideal for redevelopment investors, small multifamily developers, owner-users, and mixed-use repositioning buyers.
Price $580,000
Taxes: $7,000
Tax Type: Annual
Occupancy by: Tenant
Address: 345 Atherley Road , Orillia, L3V 1N9, Simcoe
Postal Code: L3V 1N9
Province/State: Simcoe
Legal Description: LT 263 PL 895 ORILLIA; ORILLIA
Directions/Cross Streets: ATHERLEY RD / BAYVIEW PKWY
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Free Standing
Use: Warehouse
Building Percentage: T
Total Area: 4,158
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Outside Storage: T
Rail: N
Clear Height Feet: 0
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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Signature Elite Realty Ltd.

345 Atherley Road , Orillia, L3V 1N9, Simcoe

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Industrial
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 338.13(Feet)
Approximate Age:
Tax: $7,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908