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Last Updated : 785 Days ago
280 Memorial Ave, Orillia, Ontario, Orillia

280 Memorial Ave, Orillia MLS Number: S6792538

Orillia, Simcoe, ON, L3V 5X6

$1,699,900

Status: OFF MARKET

  • Property Type: Commercial (Commercial)
  • Property Taxes : $16836.00 (Tax Year:2022)
  • Listing Courtesy : Exit Realty True North

280 Memorial Ave Property Description

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.

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280 Memorial Ave Property Facts

Property Type :Commercial
MLS Number :S6792538
Listing Type :Sale
Possession Date :
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Last Updated :12 Oct, 2023 (785 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L3V 5X6
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280 Memorial Ave Property Price & Tax Insights

Price : $1,699,900
Property Taxes :$16836.00
Tax Year :2022

280 Memorial Ave, Orillia Property Details

Cross Street :Highway 11 To Memorial Ave

280 Memorial Ave, Orillia - Price History

2023-10

12 Oct, 2023

TREB #S6792538

Available

$1699900.0

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280 Memorial Ave - Location Map and Landmarks

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