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112-128 W Oriole Pky 11,576 SF 100% Leased Retail Building Elmira, ON N3B 1V4 $3,500,000 CAD ($302.35 CAD/SF)
Investment Highlights
- Surrounded by established and growing residential communities.
- Ideal for: Investors or developers seeking mixed-use potential.
- Additional Land: Potential for redevelopment, parking expansion, or new build.
Executive Summary
Prime investment opportunity! This 11,498 square foot retail plaza features 7 retail units and is situated in the heart of a thriving residential neighborhood, ensuring strong foot traffic and consistent tenant demand. The property includes surplus land, offering future development or expansion potential. Surrounded by established and growing residential communities. Potential for redevelopment, parking expansion, or newbuild. Ideal for investors or developers seeking mixed-use potential. A fabulous opportunity to acquire a solid, income-generating asset with long-term potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,576 SF
Building Class
C
Year Built
1973
Price
$3,500,000 CAD
Price Per SF
$302.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.42 AC
Zoning
C-4 - Commercial use including apartments, retail, office, bank, library, laundry and a variety of other mixed use businesses.
Parking
97 Spaces (8.38 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 6
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112-128 W Oriole Pky
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