169 Bayfield ST Active Save Request In-Person Tour Request Virtual Tour
Barrie,ON L4M 3B4
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