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$ 1,299,900
Est. payment | /mo
9,741 SqFt
$ 1,299,900
Est. payment | /mo
9,741 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 9,741 sqft
Price per Sqft $133
MLS Listing ID S9245066
Annual Tax Amount $15,640
Tax Year 2024
Property Description
Great investment opportunity in the Bustling Barrie Core in a prime location steps to the GO! This fully occupied property is perfect for investors, business owners and developers alike with its potential for future condo projects. This updated property is zoned for both commercial and residential use, offering various development possibilities and an excellent work-from-home location. Conveniently situated near downtown amenities, this property includes a 3,240 sq ft retail storefront and a 660 sq ft live-in loft apartment on the third floor. The loft apartment has two bedrooms, three skylights, and rents for $1,700+. The house provides 3,900 sq ft above ground, with a full basement and a 400 sq ft garage offering loads of storage. Parking is available for 17 cars, with 2 spaces out front. The property has seen many upgrades, including a new gas furnace in 2019, a new roof in 2018, and a Unilock front walkway in 2017. A very well-kept property, with a lucrative cap rate, current owner has been here for 28 years and open to continuing business while new tenants are brought in, providing extra income for any buyer.
Location
Province ON
County Simcoe
Community City Centre
Area Simcoe
Zoning C2-1
Region City Centre
City Region City Centre
Interior
Cooling Yes
Inclusions all appliances in the home., ELF and window coverings
Exterior
Utilities Available Yes
Others
Security Features No
Listed by RE/MAX WEST REALTY INC.
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