← Commercial and industrial land, for sale

Land · For sale

169 Colborne Street W, Orillia

$599,000

Listing brokerage: SUTTON GROUP-ASSOCIATES REALTY INC. · MLS® S13440266

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Type
Land
Deal
For sale
Category
Land · Commercial and industrial land
Size
0.14 sq ft
Lot
46 x 152 ft
MLS® number
S13440266

Description

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.