8 Westmount Drive S, Orillia, Ontario L3V 6C9

Listed for:
$999,900
0 beds
0 baths
Listed 16 days ago
Offices for rent: 8 Westmount Drive S, Orillia, Ontario L3V 6C9

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Learn more about this property
Listing provided by:
REAL BROKER ONTARIO LTD.
MLS® number:
S12575736
Agent:
Jordan Rossman
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About

Cross Streets: Corner of Westmount and Mississaga St. ** Directions: Corner of Westmount and Mississaga. PRIME DOWNTOWN ORILLIA INVESTMENT OPPORTUNITY! Exceptional mixed-use property at the high-traffic corner of Mississaga St & Westmount Drive offers unbeatable visibility and cash flow potential. This fully-leased investment features 4 total units with 2 commercial spaces and 2 residential apartments, all occupied by quality long-term tenants ensuring stable income from day one. The main building houses a thriving ground-floor commercial business with 2 apartments above generating consistent rental income, while the secondary building contains a commercial unit with garage storage and is strategically designed with structural support for future second-floor expansion creating incredible value-add opportunity. Currently profitable with excellent upside through the pre-planned second story addition, this property allows you to expand your revenue stream while building equity in this prime downtown location. The property boasts a 20+ car paved parking lot with professional striping and has been meticulously maintained by caring long-term owners. Perfect for savvy investors seeking immediate cash flow plus future growth potential in Orillia's vibrant downtown core, the combination of established income, quality tenants, ample parking, and expansion possibilities makes this a rare find in today's market with maximum exposure at this premium corner location. (id:27476)

Property Highlights

MLS® Number
S12575736
Type
Office
Community Name
Orillia
Land Size
Bldg=82.9 x 184.5 FT

Building

Building Type
Offices
Square Footage
5078 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location