For Sale
324 Memorial Avenue - SOLD
Orillia | Ontario
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Income Generating Property with Drive-Thru
Space
Units 4 units
Property Size 9,529 SF
Lot Size 1.85 acres
Sale Price Please contact agent
Possession
n/a
Type
For Sale
Property Highlights
- Retail plaza located on a busy intersection of highway 12 and Memorial Drive; surrounded by hotels and minutes from Highway 400 and Casino Rama
- Property generates stable income and is anchored by Mary Brown’s (remaining lease term of approximately 9 years)
- Potential upside opportunity exists from lease-up program. The in-place rents for remaining units are slightly below market
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