355 MEMORIAL Ave

Orillia | Orillia | L3V 6H1

$195,000

Est. Mtg $661 /mo
  • Days on market

  • Status

Listing Broker RE/MAX HALLMARK CHAY REALTY
Since listed: 0 views

Home details

MLS #:

S9398856

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
Flexible

Description


355 MEMORIAL Ave, , Orillia, Ontario is a Sale Of Business property in Orillia and in the Orillia community in the L3V 6H1 postal code


If you are looking to run a business with guaranteed monthly income with 7+ school lunches in the city of Orillia, this is your future business. There is a contract with schools for the school lunch programs. The current owner is willing to fully train the buyer.Fantastic opportunity for a well-established, independent business in the heart of Orillia's bustling business strip, a prime gateway to the downtown waterfront's attractions and its significant redevelopment. Positioned strategically off Highway 12 and adjacent to the Comfort Inn, this business capitalizes on its prime location in cottage country, making it a high-visibility and high-traffic enterprise. Situated minutes away from the Orillia waterfront redevelopment, the establishment is conveniently located near Georgian College, Lakehead University Orillia Campus, the OPP station, and Casino Rama, drawing both local and tourist clientele year-round. Proudly specializing in Shawarma and a wide array of Mediterranean dishes, the kitchen is fully equipped to deliver top-quality culinary experiences. The business comes with a private parking lot featuring ample spaces. Strategic business enhancements include the expansion of school lunch programs, with contracts in place, significantly broadening the customer base and potential for revenue growth. The restaurant offers a welcoming dining area, in addition to robust takeout and delivery services through popular platforms such as SKIP THE DISHES, DOORDASH, and Uber Eats, catering to a wide range of customer preferences. This sale represents a golden opportunity for a visionary buyer to step into a well-established, profitable business with a solid foundation and immense growth potential. Whether you're a seasoned restaurateur or a new entrepreneur, this is your chance to make a mark in Orillia's dynamic business landscape with a specialty in Shawarma and Mediterranean cuisine..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-07 $275,000 $275,000 S8104212
2024-09 $249,000 $249,000 S9048871
2024-10 $195,000 $195,000 S9398856

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Orillia :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 355 MEMORIAL Ave

Based on available 3rd party data

$796

Approximate costs per month

Mortgage
$661 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX HALLMARK CHAY REALTY
Data Source: TRREB

Payment calculator

$661 monthly. In association with: TD Bank
%
  • Principal and Interest
    661 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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