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55 Queen, West, Cochran Street

55 Queen, West, Cochran Street

Orillia, ON

  • 19 sqft
  • Land
  • 796 days on market
$14,750,000

Strategic Development Opportunity in Orillia's Downtown Core. Presenting a rare investment opportunity: a 19.69-acre development site located within Orillia's Downtown plan. This prime parcel, the last large developable plot in the area, is perfectly flat and clear, ready for immediate development. Positioned directly opposite Orillia's premier recreation center and equidistant from Lake Couchiching and Lake Simcoe, the site offers strategic appeal for both residential and commercial projects. Key features include: 1) Exceptional visibility and access with three road frontages. 2) Enhanced sightlines for higher structures, promising panoramic views. 3) Proximity to key local amenities and natural attractions. This property represents a significant development prospect for global investors seeking to capitalize on Orillia's growth and desirability.

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Listing Details

Listed
July 4, 2024

Price History

Utilities

Sewer
None

Location & Legal

Cross Street
West St. S, Cochrane St., Queen St.
Zoning
C4i (H1), C3-4I (H1)
Parcel Number
586710120
Occupancy
Vacant

Community

Postal area L3V

Population
48,651
Private dwellings
22,293
Median age
47.6
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Orillia · last 12 months

Median sold price
$590,000
Homes sold
539
Median days on market
27
Sale-to-list price
96.4%

Based on 539 recorded sales of commercial properties in Orillia over the last 12 months.

Listed by

MAVEN COMMERCIAL REAL ESTATE

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