Urban-High Street

38-44 Mississaga Street East

44 Mississaga St E, Orillia, ON L3V 1V5

Listing Price: $3,400,000

Cap Rate
1.60%
Gross SF
21,371
Rentable SF
21,371
Price/Gross SF
$159.09
Year Built
1950

Investment Overview

The subject property presents the opportunity for value add investors to bring significant upside through leasing and building improvements. The asset is well situated on Mississaga Road, in the heart of Downtown Orillia, a city in Ontario, Canada. It is in Simcoe County between Lake Couchiching and Lake Simcoe.

Known as the "Sunshine City", the city's large waterfront attracts many tourists to the area every year, as do a number of annual festivals and other cultural attractions. While the area's largest employer is Casino Rama, overall economic activity in Orillia is a mixture of many different industries including manufacturing, government services, customer service and tourism.

Investment Highlights

  • Urban Value Add Investment / Redevelopment Opportunity
  • 21,371 SF Streetfront Retail Assembly
  • Located in Downtown Orillia and within the Community Improvement Project Area
  • Tenants include National Bank and Pita Pit

Exclusively Listed By

Urban-High Street

38-44 Mississaga Street East

Listing Price: $3,400,000

Cap Rate
1.60%
Gross SF
21,371
Rentable SF
21,371
Price/Gross SF
$159.09
Year Built
1950

Investment Highlights

  • Urban Value Add Investment / Redevelopment Opportunity
  • 21,371 SF Streetfront Retail Assembly
  • Located in Downtown Orillia and within the Community Improvement Project Area
  • Tenants include National Bank and Pita Pit

Investment Overview

The subject property presents the opportunity for value add investors to bring significant upside through leasing and building improvements. The asset is well situated on Mississaga Road, in the heart of Downtown Orillia, a city in Ontario, Canada. It is in Simcoe County between Lake Couchiching and Lake Simcoe.

Known as the "Sunshine City", the city's large waterfront attracts many tourists to the area every year, as do a number of annual festivals and other cultural attractions. While the area's largest employer is Casino Rama, overall economic activity in Orillia is a mixture of many different industries including manufacturing, government services, customer service and tourism.

Exclusively Listed By

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