8906 Hwy 11 Road South, Severn (West Shore) - Retail for Sale
8906 Hwy 11 Road South, Severn (West Shore), Ontario, L3V6H3
12 baths5,980 ft² lot size
$1,050,000
Severn
8906 Hwy 11 Road South, Severn (West Shore), Ontario, L3V6H3
$1,050,000
Severn
This retail property in Severn is for sale offering roughly 5,980 sq ft of space.
High-Exposure Hwy 11 Commercial Property in the Township of Severn (Orillia Area) with Multiple Income Streams, Prime commercial property located directly on busy Highway 11 Rd Southbound Lane in Orillia, featuring exceptional visibility and traffic flow with three separate access points: Two entrances directly from Hwy 11, one additional access from Ego Sideroad, Currently 8 out of 10 bachelor units generating over $7,000/month. On-site owner's residence *** Active TSSA licence for Gas station (no supplier contract) with convenience store, Active restaurant licence - ready to open at any time *** Positive cash flow, operating 7 days a week, TankTek reports available, Newer roof (2024), Minutes to downtown Orillia, Lake Couchiching, and Casino Rama. High-traffic location benefiting from tourism and steady population growth. Ideal for investors or owner-operators seeking a turn-key, income-producing commercial property with multiple revenue streams, high exposure, and future upsides. No VTB, environment reports, or financial statements available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 183 days on market, against an average age of 78 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Severn (West Shore) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,050,000, about 13.5× the local median household income of $77,500.
Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 165% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3V)
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