280 Memorial Ave Orillia, Ontario L3V 5X6


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7748 sqft


Prime Commercial Property with Established Automotive Business and Spacious Living Quarters! This automotive shop is situated in a high-visibility location on one of Orillia's busiest streets. The property offers a thriving 4-bay automotive shop on the main floor and a sprawling 3,900 sq ft apartment upstairs. Operating as Memorial Automotive and in their 17th yr of business, the main floor long-term tenant wishes to stay and is willing to negotiate a new 5-8 yr lease with the option to renew. Whether you're looking to continue with the existing automotive business, explore other commercial ventures, or convert the space for a different purpose, the possibilities are endless. The apartment on the upper level offers comfortable living accommodations. It can be occupied by the owner or leased separately to generate additional rental income. It offers 4 bedrooms, 2 bathrooms and 2 dedicated parking spaces. The zoning is mixed use (C4i) which can be used for almost any purpose imaginable. (id:50638)

Property Details

MLS® Number S6792538
Property Type Retail
Community Name Orillia


Size Interior 7748 Sqft
Utility Water Municipal Water


Acreage No
Size Irregular 100 X 150 Ft
Size Total Text 100 X 150 Ft