| 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: | $7000.00 |
| Tax Type: | Annual |
| Occupancy: | 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 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Free Standing |
| Use: | Warehouse |
| Building Percentage: | T |
| Total Area: | 4158.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| 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 |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Signature Elite Realty Ltd. |
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| Book Showing | Email a Friend |
| Type: | Com - Industrial |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Tax: | $7,000 |
| Fireplace: | N |