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! (id:47423)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Lot
63.25 x 154.33 ft
Farm Type
Other
Listing Contract Date
2025-02-11
Location Description
Wellington /Bayfield
# of Parking Spaces
15
Property Type
Retail
Transaction Type
For sale
Zoning Description
C2-1
Building
Appliances
Window Coverings
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Other
Size (Exterior)
9741.33 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=63.29 x 154.35 FT
Size of Irregular Land
Bldg=63.29 x 154.35 FT
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