7% Cap RATE Prime investment opportunity in the heart of Barrie, just steps from the GO station! This fully occupied, mixed-use property is perfect for investors, business owners, and developers, with potential for future condo projects. Zoned for both commercial and residential use, it offers a 3,240 sq ft retail space, a 660 sq ft two-bedroom loft apartment renting for $1,700+, a full basement, 400 sq ft garage, and parking for 17 cars. Ideal for a law office, vet clinic, dental practice, real estate office, and more, this well-maintained property features numerous upgrades, including a new furnace (2019), roof (2018), and Unilock walkway (2017). The owner, in business for 28 years, is open to continuing operations while new tenants move in, providing extra income. Vendor Take-Back (VTP) financing available don't miss this prime opportunity! |
Price | $1,300,000 |
Taxes: | $15640.00 |
Tax Type: | Annual |
Occupancy: | Own+Ten |
Address: | 169 Bayfield St , Barrie, L4M 3B4, Ontario |
Postal Code: | L4M 3B4 |
Province/State: | Ontario |
Lot Size: | 63.29 x 154.35 (Feet) |
Directions/Cross Streets: | Wellington /Bayfield |
Category: | Multi-Use |
Use: | Other |
Building Percentage: | Y |
Total Area: | 9741.33 |
Total Area Code: | Sq Ft |
Retail Area: | 3240 |
Retail Area Code: | Sq Ft |
Financial Statement: | N |
Chattels: | Y |
Franchise: | N |
Days Open: | 5 |
Expenses Actual/Estimated: | $Est |
Sprinklers: | N |
Outside Storage: | Y |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Elevator Lift: | None |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX WEST REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Simcoe |
Municipality: | Barrie |
Neighbourhood: | City Centre |
Lot Size: | 63.29 x 154.35(Feet) |
Tax: | $15,640 |