280 Memorial Ave Orillia, Ontario L3V 5X6
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$1,699,900
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 |
Building
| Size Interior | 7748 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 100 X 150 Ft |
| Size Total Text | 100 X 150 Ft |
https://www.realtor.ca/real-estate/26020417/280-memorial-ave-orillia-orillia
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October 12 2023 10:26:49
Toronto Real Estate Board
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