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    For Sale - 345 Atherley Road, Orillia, Ontario

    Est payment $2,329/mo
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    Views   3
    Time on Jump  178 day

    AI Summary *

    • Freestanding 4,000 sq ft building located on a high-traffic road.
    • Zoned for mixed commercial/residential uses with redevelopment potential.
    • Features two grade-level access doors and full municipal services.
    • Currently generates rental income on a month-to-month basis.
    • Clean environmental assessments reduce risk for investors and developers.




    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. Zoning for multi units, great development opportunity, conversion to multi-units, affordable housing, etc. 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.
    Listing IDS13026964
    Address345 Atherley Road
    CityOrillia, Ontario
    Price$485,000
    StyleIndustrial
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype IndustrialHeating / Cooling Gas Forced Air Open

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    Listing Brokerage: Signature Elite Realty Ltd.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    345 Atherley Road
    Orillia , Ontario
    $485,000
    Get more info