Discover an exceptional investment property at 17 West Street South, Orillia, offering a unique blend of commercial and residential potential. This expansive property boasts 2,150 sq ft of commercial space on the main level, ideal for retail, office, or service-based businesses, with high visibility in a bustling downtown location.The upper level features a spacious rooming house setup with 8 bedrooms, including 5 fully finished rooms (2 currently rented) and 3 rooms awaiting drywall and finishing touches to maximize rental income. The layout includes generous open spaces for shared living rooms and sitting areas, ensuring comfort for all tenants. With ample room for customization, this property is perfect for investors looking to capitalize on Orillia's growing rental market.Additional features include a 5 easement running the entire length of the property, adjacent to the CIBC parking lot, providing convenient access. This large, versatile building offers endless possibilities for generating steady cash flow through commercial leases and residential rentals.Don't miss this rare opportunity to own a high-potential property in the heart of Orillia! Visit my website for more information. |
Price | $999,999 |
Taxes: | $6722.43 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 17 West Stre South , Orillia, L3V 5G2, Simcoe |
Postal Code: | L3V 5G2 |
Province/State: | Simcoe |
Directions/Cross Streets: | Mississaga and West |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Multi-Use |
Building Percentage: | F |
Total Area: | 2856.00 |
Total Area Code: | Square Feet |
Retail Area Code: | Sq Ft |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX RIGHT MOVE |
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Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Tax: | $6,722.43 |
Fireplace: | N |