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:27910)
Property Details
| MLS® Number | 40570016 |
| 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 |
| Size Interior | 5816 |
| 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 |
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April 12 2024 02:01:28
Barrie & District Association of REALTORS® Inc.
Faris Team Real Estate Brokerage, Faris Team Real Estate Brokerage, Orillia