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Investment Property In Barrie

Not on MLS®

$2,350,000

For Sale: , in

Investment property in Barrie

Khawar Mansoor

Realtor

Very responsive to messages

Listing Details

Subtype: Restaurant

Year built: 1900

Total building size (sq. ft.): 3200

Typical floor size (sq. ft.): 1600

Zoning: Commercial- Mixed Use

Floors: 2

Sale type: Ideal for both investors and owner-users

Clear Height: 12 ft.

Financial Details

Net operating income: $100,000

Percent leased: 100%

Cap rate: 4.2%

Description

The property is situated in a prime location in downtown Barrie, directly across from the newly constructed Debut condos5. Its central position provides easy access to various amenities, including: Independently owned shops and boutiques Restaurants and trendy bars The building features a mix of commercial and residential spaces: A restaurant occupies the main floor The second floor houses one-bedroom and two-bedroom apartments The building is reported to be in perfect condition This property presents an excellent investment opportunity for several reasons: Fully Tenanted: The building is currently occupied, providing immediate rental income Mixed-Use: The combination of commercial and residential spaces offers diversified income streams.

Location & nearby

This listing is located in Barrie, ON L4N 1A4

62 Dunlop Street West, Barrie, ON, Canada

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Khawar Mansoor

Realtor

Very responsive to messages


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