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Orillia Professional Arts Building 100 Colborne St

23,477 SF 100% Leased Office Building Orillia, ON L3V 2Y9 $4,335,461 USD ($185 USD/SF)

Executive Summary

23,477 SF professional and medical building located beside Soldier’s Memorial Hospital in growing and thriving sunshine city of Orillia! Having undergone significant renovations in the last five years, this property has been stabilized with a mix type of true basic employment, between health care and financial service industries. A current vacancy of 6,834 SF on the 3rd floor provides the opportunity for a business to purchase this property and move right in. Invest here to expose your real estate portfolio to better profit margins and upside potential!

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
23,477 SF
Building Class
B
Year Built
1982
Price
$4,335,461 USD
Price Per SF
$185 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
5,869 SF
Slab To Slab
9’
Building FAR
0.73
Lot Size
0.73 AC
Zoning
HC2 - Health Care Zone
Parking
50 Spaces (2.13 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34283652

  • Date on Market: 12/24/2024

  • Last Updated:

  • Address: 100 Colborne St, Orillia, ON L3V 2Y9

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