31 Mississaga Street W

Orillia, ON

MLS® 40570016

For sale
$1,195,000

Interior Size
5816 ft2
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.
Property Details
Listing Contract Date
2024-04-12
Parking Total
3
Property Type
Commercial
Community Features
Public Transit
Building
Year Built
1920
Basement Type
Full
Building Type
Mixed
Building Only
Sewer
Sewer (Municipal)
Interior Size
5816 Square Feet
Stories
2
Water Source
Municipal
Land
Lot Depth
137.7 ft
Lot Front
26.62 ft
Acres
< 0.5 Acres
Zoning
C1
HoodQ
Mark Faris
Broker
Faris Team Real Estate Brokerage
Kyle Asselin
Salesperson
Faris Team Real Estate Brokerage, Orillia

Similar Listings

31 Frederick Street
Orillia, ON L3V 5W5
$1,125,000
RE/MAX Hallmark Chay Realty Brokerage
110 - 21 Matchedash Street S
Orillia, ON L3V 4W4
$429,000
Century 21 B.J. Roth Realty Ltd. Brokerage

Data is provided courtesy of © 2024 Information Technology Systems Ontario Inc.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence. All information is deemed reliable but not guaranteed.

Listing ID: 148686698
Last Updated: 2024-04-12 13:41:55
Scroll to Top