2 Front Street South, Orillia, Ontario L3V4R9

Listing courtesy of RE/MAX RIGHT MOVE.

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List Price
$1,499,999
Status
ACTIVE
Days on Market
12
MLS® #
TorontoRegionalRealEstateBoard-S14031130
Living Area
5,288
Subdivision
Orillia
Neighborhood
Orillia
MLS Area Major
Orillia

Property Description

Positioned at the prominent corner of Mississaga Street and Front Street in the heart of Downtown Orillia,this exceptional investment and development opportunity is ready for your vision. The existingfreestanding building offers approximately 5,288 sq. ft. of space, featuring two ground-floor commercialunits and 2 upper-level apartments ideally suited for office, live/work, or residential use. Situated on asubstantial lot measuring approximately 140 ft. x 88 ft., the property benefits from dual access points fromFront Street and on-site parking for approximately 18 vehicles. Investors and developers will appreciatethe significant future potential, including the opportunity for land assembly with neighbouring properties.The surrounding area has seen ongoing intensification and redevelopment, with zoning provisionssupporting higher-density residential, mixed-use, commercial, and retail developments. The C1 zoningpermits a wide range of uses, including professional offices, retail stores, restaurants, bakeries,convenience stores, financial institutions, entertainment venues, and many other commercial applications.Strategically located within walking distance of Downtown Orillia amenities, the Port of Orillia, hotels,restaurants, waterfront attractions, recreation trails, and major retail destinations, this property offersoutstanding exposure, accessibility, and long-term growth potential in one of Central Ontario's mostdynamic urban markets. (id:5764)

Additional Information

Taxes
$14,787
Community Features
Orillia
Heating
Baseboard heaters, Forced air, Natural gas
Air Conditioning
Fully air conditioned

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