2925 Old Barrie Road
Orillia, ON
6 sqft • Investment • 687 days on market
Amazing visibility of 334 ft fronting Old Barrie Rd in Orillia across Lakehead University and other major commercial developments including Costco with fast access to north and south bound lanes of Hwy 11. This 7.27 Acre Parcel has yet to see its highest and best use making it a very interesting investment opportunity in a prime location in the beautiful and fast growing city of Orillia. Industrial/Rural zoning with a very large residential home with an excellent tenant (Formerly Operated As A Group Home) featuring large rooms, 18 X 36 deck overlooking park-like rear yard. 2 add'l structures - 12' X 48' former school portable & larger barn. Currently serviced by well & septic. Commercial grade sprinkler system and generac system. Buyer responsible for doing their own due diligence related to details of zoning current or future specific restrictions.
Listing Details
- Taxes (2025)
- $10,733
- Originally Listed
- $2,388,000
- Listed
- October 10, 2024
Price History
Listing history
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Property
- Lot Size
- 863 x 351 Feet
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- LINE 15 N
- Zoning
- M4 , RU , EP
- Parcel Number
- 585700004
Commercial
- Occupancy
- Tenant
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
CENTURY 21 B.J. ROTH REALTY LTD.
Commercial figures
- Annual property tax
- $10,733
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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