Space
Finished area and layout
- Building Area
- 4,158 sqft
+20 more
4,158 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- commercial retail / Mixed Use
Lot
Land, frontage and setting
- Zoning
- C3
Costs
Price, taxes and monthly charges
About This Property
This commercial retail in Orillia offers 4,158 sqft of building area. The property has zoned C3. The home features partial.
MLS Remarks
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. Zoning for multi units, great development opportunity, conversion to multi-units, affordable housing, etc. 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.
Inclusions
Furnace, and all ELFs. See Schedule C for full list.
Full Listing Details
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