55 & 57 NOTTAWASAGA Street Orillia, ON$1,199,900

#40233824

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About the Property

Great opportunity to purchase 2 commercial properties within the thriving Downtown core of Orillia. Each property is Zoned “DS2” allowing a wide range of office uses or a multiple residential unit conversion for a max of 4 units in each dwelling. (see attached zoning & permitted uses). 55 Nottawasaga: 2,492 Sqft of main floor office space + a full basement with a secondary entrance (Total: 4,942 SQFT of space) Entire main floor has been recently updated offering an abundance of office space, board rooms, 3 washrooms and multiple entrances allowing an easy multiple unit conversion. 400 AMP service + multiple hydro meters. Taxes: $9,232/2021. AGE: 1978. Main heat source is electric wall units. Solid Full brick and concrete block building. Updated windows. 57 Nottawasaga: 1,763 Sqft above grade. Main floor features 1,227 Sqft of office space. 1-4pc washroom. Second floor 1 bedroom apartment: 535 Sqft w4pc washroom. 2 main floor entrances for multiple unit conversion. Full basement offering laundry and dry storage. Main heat source: Gas forced air furnace + central air conditioning. 200 Amp service. Taxes: $4,670/2021. AGE: 1920. Windows have been replaced over the years (except for the South side of the building) and a newer roof. Property has multiple parking options + ample street parking (metered). Just steps from Orillia’s downtown, Library, waterfront and Rec centre. Click the multimedia link for more info, floor plans and photos. Seller is only interested in selling both properties together. (id:32937)

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Listing Agent

Mark Vandenbrink

Broker

(705) 721-9182

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Key Information

City: Orillia

Property

Property Type

Other

Ownership Type

Freehold

Community Features

High Traffic Area, Community Centre

Features

Paved driveway, Crushed stone driveway

Location

Mississaga Street to Andrew Street North, left on Nottawasaga. Property is on left

Building

Basement Development

Partially finished

Basement Type

Full (Partially finished)

Storeys

2

Exterior Finish

Brick, Concrete, Stucco, Vinyl siding

Heating Type

Forced air

Cooling Type

Central air conditioning, Wall unit

Appliances Included

Water meter

Foundation Type

Block

Parking Space Total

11

Measurements

Additional Info

Listing Contract Date

2022-04-14

Zoning Description

DS2

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