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Barrie,ON L4M 1A2
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $339
MLS Listing ID S9372297
Annual Tax Amount $14,961
Tax Year 2023
Property Description
Attention all investors!! Incredible investment opportunity in a prime location in the heart of downtown Barrie. The area is booming with new development, resturants, and so much more! Building includes a Retail area on the main floor (comprised of 1,300 sf at street level, plus almost 1,000 sf of storage space in the basement), two apartments on the second floror (1 br which includes a built-in murphybed, washer/dryer & 2 br) and two apartments on the third floor (1 bachelor with built-in murphy-bed & 1 bd) with wonderful lakeviews and a beautiful 3rd floor deck. The entire building was renovated in 2016 (new plumbing, new electrical and new windows). Furnace replaced in 2020. New Roof in 2024, New Air Conditioner 2024. The property has a rear door access and backs onto city owned parking lots so there is no trouble finding parking. Ground floor also includes 700 sf of storage (accessed from the rear of the building ) and yields additional monthly rent of $500. Building is currently tenanted and generates a wonderful income! Tenants pay for their own utilities.
Location
State ON
County Simcoe
Community City Centre
Area Simcoe
Region City Centre
City Region City Centre
Interior
Cooling Partial
Exterior
Community Features Public Transit,Recreation/Community Centre
Utilities Available Yes
Others
Security Features No