571 Bayfield Street , Barrie

Bath / $12,000,000 / MLS® Listing #:40261333

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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., Directions:Hwy 400 N to Bayfield St, Exclusions:Tenants Belongings & Fixtures

Property Details

Property Type Building and Land
Property Style N/A
Square Feet
Property Tax $N/A
Maintenance N/A
Days On Our Website 128
Basement None
Kitchens 0
Garages
Lot Dimensions x
Pool N/A
Area N/A
Fireplaces N/A
Air Conditioning Central Air
Heating Gas Forced Air Closed - Gas Forced Air Closed
Exterior Block,Metal/Steel Siding,Stone
Garage Type N/A
Sewers Sanitary & Storm
Water Municipal-Metered

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description

Listing Office: Ed Lowe Limited Brokerage

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