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:52316)
RE/MAX WEST REALTY INC.
$1,300,000
169 BAYFIELD STREET, Barrie, Ontario
9741 Sqft
Property
MLS® Number: S11969469
Address: 169 BAYFIELD STREET
City: Barrie
Utilities
Central Air: Yes
Heating: Other/Unknown
Parking
Parking Spaces: 15
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Property Sale History
Travel and Neighbourhood
91/100Walk Score®
Walker's Paradise
Location
