169 Bayfield ST Active

Barrie,ON L4M 3B4

$ 1300000

- Bed

- Bath

9741 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

Subdivision City Centre

MLS Listing ID S11969469

Annual Tax Amount $15,640

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

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!

Location

Province ON

County Simcoe

Community City Centre

Area Simcoe

Interior

Cooling Yes

Exterior

Utilities Available Yes

View More
Favorite Go Tour