Exceptional investment opportunity in the heart of downtown Orillia! This versatile 3-storey building offers endless potential, continue operating as commercial/office space with strong rental income, or re-purpose into residential units with ground-floor commercial. Preliminary approval for residential conversion has been granted in principle by the City of Orillia, with the requirement to maintain commercial use on the main floor. Ideal for investors, developers, or business owners seeking a prime downtown location with flexible future use. Financial information, Survey and Floor plans are available in the document section. Built in 1973 as per City of Orillia. (id:4069)
Address
10 PETER STREET N
List Price
$899,000
Property Type
Retail
Transaction Type
Sale
Area
Ontario
Sub-Area
Orillia
Floor Area
7,265 Sq. Ft.
Lot Size
67.5 x 106.01 FT Sq. Ft.
Lot Depth
106 ft
Frontage Length
67 ft ,6 in
MLS® Number
S12921350
Listing Brokerage
CENTURY 21 B.J. ROTH REALTY LTD.
Postal Code
L3V4Y7
Zoning
C1 Commercial
Site Influences
Public Transit
Heat Source
Natural gas
Heat Type
Forced air
Cooling Features
Fully air conditioned
Water Source
Municipal water
Sewer
Sanitary sewer
