Amazing visibility of 334 ft fronting Old Barrie Rd in Orillia across from Lakehead University and other major commercial development including Costco with fast access to north and south bound lanes of Hwy 11. This 7.27 Acre Parcel has yet to see its highest and best use making it a very interesting investment opportunity in a prime location in the beautiful and fast growing city of Orillia. Industrial/Rural zoning with a very large residential home with an excellent tenant (Formerly Operated As A Group Home) featuring large rooms, 18 X 36 deck overlooking park-like rear yard. 2 add'l structures - 12' X 48' former school portable & larger barn. Currently serviced by well & septic. Commercial grade sprinkler system and generac system. Buyer responsible for doing their own due diligence related to details of zoning current or future specific restrictions.
MLS# | 40661715 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 95 |
Listing Provided By | Century 21 B.J. Roth Realty Ltd. Brokerage | George Nagel |
SQ Feet | 3,168 |
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Basement | Y |
Story(s) | 2 |
Zoning | M4, RU, EP |
Acreage | 7.27 |
State | ON |
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County | Simcoe County |
City | Orillia |
Zip Code | L3V 6H1 |
Area | Orillia |
Subarea | West Ward |
Community Name | West Ward |
Listing VS Median (in West Ward) | |
Price: $2,388,000 low | high Med: $599,900 SqFt: 3,168 low | high Med: 1,583 $ / SqFt: $754 low | high Med: $379 On Site: 95 low | high Med: 115.000000 |