Property Details

571 BAYFIELD Street, Barrie, Ontario, L4M4S5

571 BAYFIELD Street, Barrie, Ontario, L4M4S5 (ID 40261333)
Representative
Kaitlynn Brodie portrait
Kaitlynn Brodie
Sales Representative
Simcoe Hills Real Estate Inc. Brokerage
Cell: 705-305-8324
Tel: 705-325-6262
Website

$12,000,000 - For sale

ID#:40261333

Rare opportunity to own a fantastic portion of Barries Golden Mile. This building features high traffic exposure well covenanted tenants, excellent return on investment and present opportunity for further commercial and/or residential development on the site. Sitting on the entrance to Barrie this site is in a strategic growth area on an intensification corridor per the cities latest official plan. With approximately 4.5 CAP based on the stabilized NOI this property is perfect for anyone looking for a short or long term investment or re-development plan. The building was converted in 2020 from single user to multi tenant with approximately $1.3m in capital spent on maintenance, repairs and updates. Current first mortgage on the building with ideal interest rate is potentially assumable to those who qualify, details available. Confidentiality agreement required for further information is available upon request. (id:2471)

Location DescriptionHwy 400 N to Bayfield St

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Property Details
  • Property Address:571 BAYFIELD Street, Barrie, Ontario, L4M4S5
  • Property Type:Other
  • Title:Freehold
  • Lot Size:4.733
  • Acreage:4.733 ac|2 - 4.99 acres
  • Sewage Type:Sanitary sewer, Storm sewer
  • Water Type:Municipal water
  • Access:Highway access, Highway Nearby
Structure Details for 571 BAYFIELD Street, Barrie, Ontario, L4M4S5
  • Building Age:1990
  • Heating Type:Forced air
  • Storeys:2
  • Basement Type:None
  • Foundation Type:Block
  • Cooling Type:Central air conditioning
  • Exterior Type:Concrete, Metal, Stone
Amenities for 571 BAYFIELD Street, Barrie, Ontario, L4M4S5 Visual exposure, High Traffic Area
  • Amenities Nearby:Airport, Public Transit, Shopping, Ski area
Representative
Kaitlynn Brodie portrait
Kaitlynn Brodie
Sales Representative
Simcoe Hills Real Estate Inc. Brokerage
Cell: 705-305-8324
Tel: 705-325-6262
Website
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Listing Office: Ed Lowe Limited Brokerage

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571 BAYFIELD Street, Barrie, Ontario, L4M4S5

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