364 Regent St - Churches FOR SALE


Orillia, ON L3V 4C8
$475,000 CAD
647-921-8050
364 Regent St, Orillia, ON for Sale
$475,000 CAD
Churches - FOR SALE
1/1
null | Request Cap Rate

364 Regent St
Orillia, ON L3V 4C8


HIGHLIGHTS

  • Located in prime residential area
  • I2-1 Zoning
  • Plenty of surface parking

OVERVIEW

Calling all builders, developers, and organizations seeking a prime location! This perfectly rectangular 75x115 ft corner lot in a desirable residential area presents a rare opportunity. With permitted residential uses under the future I2-1 zoning, this under-utilized site could easily accommodate a variety of developments, including townhouses, stacked towns, or a small mid-rise apartment building. Additionally, its current zoning allows for uses such as Montessori schools, nurseries/daycares, or places of worship. Previously used as a church, this meticulously maintained property features a 947 sqft main floor with an open concept worship area and a 244 sqft mezzanine flooded with natural light. The additional 925 sqft finished basement includes two 2-pc washrooms, a full kitchen, and an open area, providing ample space for various activities. Conveniently located just 3 minutes from Highway 12, the property offers surface parking for 15 cars. Recent updates include a new roof, A/C unit, alarm system, and fiberoptic connectivity. Extras: This property is offered with all existing light fixtures and window coverings included. Don't miss out on this exceptional opportunity to create something remarkable in a sought-after location!

FOR SALE DETAILS

PRICE

$475,000 CAD

PRICE/SF

$181 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Churches

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,432 SF

ZONING

I2-1

APN/PARCEL ID

435201011008500

ASK ABOUT THIS PROPERTY

Anthony SpanoRoyal LePage Your Community RealtyMore Info
647-921-8050

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Anthony SpanoRoyal LePage Your Community RealtyMore Info
647-921-8050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.