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Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $83
MLS Listing ID 40439299
Annual Tax Amount $6,350
Lot Size 2,962 Sqft
Property Description
Opportunity to own a 5,400SF building with excellent retail storefront exposure at West St and Mississaga St in the heart of downtown Orillia. Current tenanted by Walking on a Cloud shoe store who is paying below market rent, and while happy to stay, they are on a month-to-month term providing the flexibility to re-negotiate with your preferred leasing terms or acquire vacant possession. The second floor is currently built out as office and storage, with potential to convert to a residential apartment. Roof is in need of significant repair, as well as the interior as a result of the compromised roof. Roof quote available. Property is being sold in ?as-is where-is? condition at an asking price that represents $79/SF ? well below market value. Priced to Sell!
Location
Province ON
County Simcoe County
Area Orillia
Zoning DS2
Rooms
Kitchen 0
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Hardwood
Exterior
Pool None
Utilities Available Yes
Waterfront No
View Y/N true
View Downtown
Building
Lot Description Urban, City Lot, High Traffic Area, Library, Place of Worship, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
Story 2
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Structure Type Block
New Construction No
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