31 Mississaga Street West, Orillia | Commercial for Sale | Faris Team

31 Mississaga Street West,
Orillia

5,816 sq. ft.

$1,195,000

MLS® #40570016

Faris Team Real Estate, Brokerage

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Top 5 Reasons You'll 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

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