345 Atherley Road, Orillia, ON L3V 1N9, Orillia, ON, L3V 1N9
MLS: S13026964 | Industrial
$580,000
Property Description
Rare opportunity to acquire a freestanding 4,000 sq ft commercial building on a 50 x 190 ft lot (approx. 0.36 acres) along the high-exposure Atherley Road / Highway 12 corridor - one of Orillia's primary entry routes toward Lake Couchiching and downtown. The property is zoned C4i (mixed commercial/residential), offering a wide range of permitted uses including commercial operations, residential intensification, and potential multi-residential conversion subject to municipal approvals. The site features two grade-level access doors, rear yard access, approximately 3-metre ceiling height, and full municipal services including hydro, gas, and wastewater. Currently tenanted at $3,000/month + HST on a month-to-month basis, providing immediate holding income while an investor plans their next move. The building has operated as a commercial retail space for over 50 years, most recently as Orillia Carpet Discounters. A clean Phase I Environmental Site Assessment (June 2022) confirms no contamination, no fuel tanks, no hazardous materials, and no Phase II required - significantly reducing risk for investors and lenders. Ideal for redevelopment investors, small multifamily developers, owner-users, and mixed-use repositioning buyers.
Quick Facts
- Property Type: Industrial
- Bedrooms: None
- Bathrooms: None
Costs
- Annual Taxes: $7,000.00 (2025)
Listing Provided by: Signature Elite Realty Ltd.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Partial
- Utilities: Available
- Security: No
Lot & Land
- Zoning: C3
Community & Neighbourhood
- Neighbourhood: Orillia
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
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345 Atherley Road, Orillia, ON L3V 1N9, Orillia, ON, L3V 1N9