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571 Bayfield Street Barrie, Ontario L4M 4S5

Central Air Conditioning Forced Air Acreage

$12,000,000

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:44523)

Property Details

MLS® Number 40261333
Property Type Other
Amenities Near By Airport, Public Transit, Shopping, Ski Area
Communication Type High Speed Internet
Community Features High Traffic Area
Features Visual Exposure
Sign Type Pylon

Building

Basement Type None
Constructed Date 1990
Construction Material Concrete Block, Concrete Walls
Cooling Type Central Air Conditioning
Exterior Finish Concrete, Metal, Stone
Foundation Type Block
Heating Type Forced Air
Stories Total 2
Size Exterior 39203.0000
Utility Water Municipal Water

Land

Access Type Highway Access, Highway Nearby
Acreage Yes
Land Amenities Airport, Public Transit, Shopping, Ski Area
Sewer Sanitary Sewer, Storm Sewer
Size Depth 783 Ft
Size Frontage 265 Ft
Size Irregular 4.733
Size Total 4.733 Ac|2 - 4.99 Acres
Size Total Text 4.733 Ac|2 - 4.99 Acres
Zoning Description C4 - Commercial

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/24444797/571-bayfield-street-barrie

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