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31 Mississaga Street W Orillia, Ontario L3V 3A5

$1,195,000

Top 5 Reasons You Will Love This Property: 1) Rare opportunity to own a renovated and turn-key, multi-unit commercial building in the heart of Orillia’s blossoming downtown 2) Enjoy a cap rate over 6% with five fully tenanted units, including two commercial spaces on the main level, one being a laundromat and the other being a clothing store 3) Three modernized and updated, two-bedroom residential units with an additional long-term revenue upside 4) Recent updates include a TPO roof, copper and pex plumbing throughout, and $581/month increased NOI 5) Directly across the street from the Orillia Public Library and Opera House in one of Orillia's most coveted downtown neighbourhoods. 5,816 fin.sq.ft. Age 104. Visit our website for more detailed information. (id:51004)

Property Details

MLS® Number 40515901
Property Type Office
Amenities Near By Public Transit
Features Paved Driveway
Parking Space Total 3

Building

Basement Type Full
Constructed Date 1920
Stories Total 2
Size Exterior 5816.0000
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 138 Ft
Size Frontage 27 Ft
Size Total Text Under 1/2 Acre
Zoning Description C1

Utilities

Natural Gas Available

https://www.realtor.ca/real-estate/26302520/31-mississaga-street-w-orillia


Mark Faris
Broker

(705) 797-8485
(705) 797-8486
www.facebook.com/themarkfaristeam
Faris Team Real Estate Brokerage
443 Bayview Drive
Barrie, Ontario L4N 8Y2

(705) 797-8485
(705) 797-8486
www.faristeam.ca

Kevin Winters
Salesperson

(705) 325-8686
(705) 797-8486
Faris Team Real Estate Brokerage, Orillia
74 Mississaga Street East
Orillia, Ontario L3V 1V5

(705) 325-8686
(705) 797-8486
www.faristeam.ca/

Interested?

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