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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision City Centre
MLS Listing ID S13237960
Annual Tax Amount $35,318
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Exceptional retail investment opportunity in the heart of downtown Barrie. This ~4,900 SF freehold property is 100% occupied by Royal Bank of Canada, a premier AAA-rated covenant and long-standing tenant since 1971. The current lease term extends to October 31, 2027, with one 3-year renewal option. The property sits on a premium 0.256-acre corner lot with excellent dual frontage on Bayfield Street and Colliers Street, complemented by a dedicated 16-space parking lot with access from Bayfield through to Clapperton Street. Strategically located in Barrie's designated Urban Growth Centre within the Greater Golden Horseshoe Growth Plan. Strong demographics: 60,000 residents within 3 km with average household income of $107,134. Two major condominium developments in preconstruction within ~400 meters will further enhance the trade area. Downtown Barrie offers year-round appeal as a recreational destination on Kempenfelt Bay, with proximity to waterfront amenities, cultural attractions, and direct highway access to Toronto
Location
Province ON
County Simcoe
Area Simcoe
Zoning C1-2
Interior
Cooling Yes
Inclusions BUYER TO CONFIRM VIA LEASE REVIEW
Exterior
Community Features Major Highway
Utilities Available Yes
Lot Frontage 127.0
Lot Depth 116.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
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Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
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