Prime investment opportunity in Orillia. This high traffic parking lot is ideally located directly across from the emergency entrances of Soldiers' Memorial Hospital and features 13 parking spaces with strong, consistent demand. The property is equipped with a modern remote controlled entry system, on site cameras, and an automated exit gate for easy operation and management. Recently severed from 50 Dunedin St., the property can also be purchased together with the adjoining parcel. The site offers exceptional redevelopment potential, including the possibility of removing the existing home for new build opportunities or potential lot severance. HC2 zoning permits a wide range of uses, including senior housing, residential, institutional, and healthcare developments. As Orillia's waterfront continues to evolve with new condominium projects, this property represents an outstanding investment opportunity. Combined L shaped lot dimensions: parking lot approximately 43.74 ft. x 140.62 ft. depth, house portion approximately 73.32 ft. x 68.86 ft. depth. (id:4069)
Address
169 COLBORNE STREET W
List Price
$599,000
Property Type
Vacant Land
Transaction Type
Sale
Area
Ontario
Sub-Area
Orillia
Lot Size
0.14 Sq. Ft.
Lot Depth
152 ft
Frontage Length
46 ft
MLS® Number
S13440266
Listing Brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Postal Code
L3V2Z4
Zoning
HC2
